Hyderabad: IPL betting racket busted, four held

HYDERABAD: Four persons, who were allegedly organising cricket betting on Friday night when an Indian Premier League (IPL) match was on, were nabbed after a raid on a house at Afzalgunj.
Afzalgunj police said that the main organiser, Maya Chadrakanth, and his three associates-cum-punters — V Shashank, Rajneesh Kumar, Pavan Agarwal — were arrested and from them Rs 2.03 lakh cash and four mobile phones were seized.
Maya Chandrakanth had been allegedly organising betting through different websites by sharing a user name and password to punters after collecting money. The organiser had been collecting commission on the amount from the agent.
Apart from cricket betting, the accused were also organising online playing cards.
Even if a punter wins a bet, he has to pay a commission to the organiser. The transactions of cricket betting was being done online.
Police said that Pavan Agarwal, who was one of the associates was allegedly involved in a criminal case in the past.
All the accused have been arrested by Task Force sleuths and they handed over to Afzalgunj police.
The organiser had been collecting commission on the amount from the agent. Apart from cricket betting, the accused were also organising online playing cards