Indore (MP), Nov 1 (PTI) Indore Police on Monday claimed to have busted a Goa-based online racket involved in taking bets on the ongoing T20 World Cup matches and arrested a 50-year-old resident of the city, an officer said.

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Police recovered Rs 7.21 lakh, and a diary maintaining the betting accounts running into lakhs from the accused Chandrashekhar Swami.

"Swami told us that one Gopal Raghuvanshi alias Gopal Imli is currently in Goa who is operating the T20 World Cup online betting racket," said MIG police station inspector Ajay Verma.

As per the preliminary investigation, the members of this racket were carrying out transactions through cash, cheques and digital modes, he said.

Further investigation is underway, Verma added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)