Overview
- Chandrakar was brought from Oman to India after extradition and taken into CBI custody on November 1, and the CBI secured an eight‑day custodial period before he was sent to judicial custody on November 12.
- A PMLA special court allowed the ED to arrest Chandrakar on November 13 and remanded him to ED custody for seven days to question him on foreign entities, digital evidence and alleged laundering routes.
- Investigators say Mahadev Online Book ran as a Dubai‑linked franchise of betting ‘panels’ that funneled stakes through hundreds of mule bank accounts and hawala channels to promoters abroad.
- The ED and CBI give sharply different public estimates of suspected proceeds, ranging from agency filings that cite around ₹6,000 crore up to confidential ED figures near ₹88,000–94,000 crore, and the agencies have frozen and attached properties worth crores in India and Dubai.
- The case has political sensitivity in Chhattisgarh because FIRs and chargesheets name promoters and several high‑profile figures, and authorities say the current interrogations and asset tracing could produce more charges, extradition requests or seizures linked to the syndicate.