Police raided a flat in Bhaskar Nagar area of the city and seized cash worth Rs 1.48 lakh, 13 ATM cards, 9 mobile phone handsets, and one television set.
Rajamhandravaram SP (Urban) B. Rajakumari said that the police found Meka Srinivas, Prakash, Raju, and Siva wagering bets, when they raided the flat on a tip off.
The flat belongs to a doctor who has rented it out to Srinivas.
According to the police, Srinivas is the main accused who allegedly arranged betting for the IPL matches.
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