Hyderabad: Police arrested four persons who were allegedly involved in organising an interstate horse betting racket and seized Rs 2 lakh in cash and froze a bank account with an amount of Rs 2.47 lakh.
The arrested persons were Thakala Nagesh (45), Barra Venkaiah Chowdhary (45), Challa Ramesh Babu (48), and D Sunil (55). Two other individuals, M Rajesh Kumar and Venkat Chowdhary, are absconding.
According to police, Nagesh, a native of Andhra Pradesh, was organising the horse betting with the help of Venkat and Rajesh. Nagesh created a WhatsApp group ‘Shinewell Enterprises’ and added 105 persons who were participating in the betting. A case has been booked against the accused under section 318(4) of the Bharatiya Nyaya Sanhita (BNS) and section 344 of the Telangana Gaming Act.