Rayagada: An online cricket betting racket has been busted at Raniguda Farm in the district last night with arrest of five persons including the kingpin, informed police on Saturday.
On getting reliable information, police had conducted a raid at the house of one K Surya Rao in Laxminarayan Street and apprehended four persons involved in online cricket betting.
Rs 1.37 lakh cash, five mobile phones, three diaries and three bikes were seized from possession of the accused identified as K Surya Rao alias Buji (30), Sagar Sahu alias Pinku (26), Jyoti Ranjan Palei alias Bunty (24) and Satyabrata Pradhan (23).
During interrogation they revealed the name of the kingpin of the racket P. Iswar Rao (34) of Subhadrapur in Gunupur. He was subsequently arrested and Rs 2.5 lakh cash, one diary and a mobile phone containing details about his involvement in the case was seized by police.
Rao was operating the racket directly from Gunupur and mostly college going students and local businessmen were victim of the online betting.
Investigation is on to find out involvement of others if any. A case no 307/2019 under section 294(A)/420/34 of IPC and section 4/5 of Prize Chit and Money Circulation Scheme (Banning) Act has been registered.