Bengaluru: The proceeds of crime in the illegal online betting and gambling racket, allegedy involving K C Veerendra Puppy, MLA of Chitradurga, exceeds Rs 2,300 crore, the Directorate of Enforcement (ED) has stated in a supplementary prosecution complaint that it has filed.
On February 20, the ED filed the complaint on against Pruthvi N Raj, K C Thippeswamy, Arun Nagabhushan, Abhijith Sajan, Gulshan Khattar and Fonepaisa Payment Solutions Private Limited, Puppy’s Tours and Travels LLP and Logicforge Solutions Private Limited, as reported by The New Indian Express.
The investigation is based on multiple FIRs pertaining to cheating, impersonation and extortion of the general
public through illegal online betting websites, including King567, Play567, Playwin567 and Gamexch, among other associated platforms.
Investigation has revealed that funds were routed through multiple payment gateways, mule accounts, foreign entities and virtual digital assets, along with outward remittances.
The central agency has earlier conducted searches at over 60 locations across Karnataka and other states, resulting in the seizure of large quantities of cash, gold bullion, gold and silver jewellery, vehicles, digital devices and incriminating documents.
Veerendra was arrested under Section 19 of the PMLA, and a prosecution complaint was filed before the Additional City Civil and Sessions Judge, Bengaluru, on October 18, 2025. The Congress MLA was granted bail on December 30 under strict conditions.
Meanwhile, the ED claims to have provisionally attached movable and immovable properties worth Rs 177.30 crore under a Provisional Attachment Order dated January 29, 2026. With this, the total value of assets attached or seized in the case has crossed Rs 320 crore.