Cricket betting racket busted in Hyderabad, 3 held

Image
Press Trust of India Hyderabad
Last Updated : Jun 19 2015 | 8:13 PM IST
With the arrest of three persons, the Hyderabad police today claimed to have busted a cricket betting racket.
Acting on a tip-off, sleuths of West Zone DCP arrested B Venkanna Babu (organiser), M Srihari (sub-organiser) and their assistant employee T Madhu Babu yesterday from a location here and seized Rs 1,88,000 besides two laptops with related software along with four cell phones, a release from city police said today.
The accused Venkanna acquainted with one Vijay, reported to be from Nellore district of Andhra Pradesh, and gained knowledge of cricket betting set up, it said.
Vijay fed the knowledge of score and rate of betting to Venkanna. Accordingly, Venkanna established the set up at Akruthi Avenue at S R Nagar here and was acting on the directions of Vijay with the assistance of Srihari who procured punters individually, it added.
Babu, an employee of Venkanna, assisted in procuring/ delivering money from various punters and also looked after the Akruthi Avenue office for easy money during ongoing different cricket matches, police said.
SR Nagar police is investigating the case and efforts are on to nab the other accused, who are absconding, the release added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 19 2015 | 8:13 PM IST

Next Story