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84 city police families held hostage by transfer chaos

The transfer orders were issued on May 27 as part of routine departmental reshuffles under the Maharashtra police. In total, 84 officers were posted to various cities, including Nagpur, Pune, Navi Mumbai, Thane, Nashik, Solapur, Amravati, and Nanded

Mid Day 25 Jun 2025 8:08 am

Maharashtra's New 802-Km Expressway To Link Shaktipeeths, Cut Nagpur-Goa Travel To 8 Hours

The expressway will run from Pavnar in Wardha district to Patradevi on the Maharashtra-Goa border in Sindhudurg, passing through Wardha, Yavatmal, Hingoli, Nanded, and Sindhudurg

News18 24 Jun 2025 7:58 pm

Drunk man stabs neighbour, mistaking her for wife in Mailardevpally

Hyderabad: A 60-year-old man has been booked for stabbing his neighbour during a violent domestic dispute in Mailardevpally on Friday night, June 6. The accused has been identified as Salim, who was married to Reshma. The couple, originally from Nanded, Maharashtra, were visiting their daughter in the TNGOs colony of Mailardevpally for Bakrid festival. On Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 7 Jun 2025 5:36 pm

'Cut Hair of Each Sikh': Hate Story of Bhushan Athale, from Nanded to a US Jail

A US Court sentenced Indian American Bhushan Athale to 26 months for hate comments and threats against a Sikh woman.

The Quint 6 Jun 2025 10:35 am

Dry reality: Despite May showers, 370 villages in Marathwada still rely on water tankers

Despite receiving over 150 mm of average rainfall this May, all eight districts in Maharashtras Marathwada region still have 370 villages relying on water tankers, officials said on Tuesday. Marathwada comprises Chhatrapati Sambhajinagar, Jalna, Beed, Latur, Dharashiv, Nanded, Parbhani and Hingoli districts. The average rainfall recorded across all these eight districts was 153.8 mm in the current month with Parbhani receiving 104.3 mm rainfall and Dharashiv 230.9 mm. But despite that, more than 570 tankers are currently supplying water to the villages, the figures mentioned in a report issued by the divisional commissioner office said. On May 6, a total of 435 tankers were providing water to 278 villages in Marathwada. But as per the May 26 data, the number of tankers has gone up to 573, while the count of villages where water is being supplied through them stood at 370. The district-wise data of rainfall and tankers is as follows: Chhatrapati Sambhajinagar 141.4 mm (273 tankers), Jalna 157.4 mm (190 tankers), Nanded 110.5 mm (57 tankers), Dharashiv 230.9 mm (25 tankers), Hingoli 110.7 mm (16 tankers), Beed 181.2 mm (seven tankers), Parbhani 104.3 mm (three tankers) and Latur 206.5 mm (two tankers), the report says.

The New Indian Express 27 May 2025 8:31 pm

Had Balasaheb been alive, he would have hugged PM Modi for Operation Sindoor: Shah

Nanded: Union Home Minister Amit Shah said on Monday that had Shiv Sena founder Bal Thackeray been alive, he would have hugged Prime Minister Narendra Modi for the success of Operation Sindoor. Addressing a public event in Maharashtras Nanded, Shah slammed the Uddhav Thackeray-led Shiv Sena (UBT), saying it mocked the multi-party delegations visiting partner Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 26 May 2025 11:07 pm

Amit Shah talks tough on terrorism, vows to end Naxalism by 2026

Union Home Minister Amit Shah on Monday kick-started the campaign for the much-awaited local body elections in Maharashtra by asserting that Operation Sindoor, under the leadership of Prime Minister Narendra Modi has sent a strong message not only to Pakistan but to the entire world. Shah emphasized that no one should trouble the Indian Army, its people, or its bordersotherwise, they will face serious consequences. While addressing a rally in Nandedthe hometown of former Chief Minister Ashok ChavanShah continued: We are committed to protecting India's borders and safeguarding its citizens. There will be no compromise on the countrys security. The Home Minister said that under PM Modis leadership, India has emerged as a strong nation. We are moving steadily toward becoming a developed nation by 2047. We will respond forcefully to any attempts to destabilize us. Amit Shah went on to highlight Indias strengthened defense capabilities, noting that the countrys air defense systems are so robust that they have prevented enemy drones and missiles from entering Indian territory. Earlier, they attacked us in Uri, and we responded with a surgical strike. They hit us in Pulwama, and we carried out an airstrike. And when terrorists targeted Pahalgam, we launched Operation Sindoor, which successfully destroyed their terror hotspots, he concluded, emphasizing the Modi government's assertive defense policy. Shah also spoke about Operation Black Forest, which was aimed at dismantling Naxal and Maoist networks. Elaborating on the situation in Chhattisgarh, Shah said the CRPF, Chhattisgarh Police, and BSF forces destroyed Naxal hubs located at altitudes of 5,000 feet, resulting in the deaths of 31 Naxals. So far, 36 more Naxals have been killed, and many others have either surrendered or been arrested, he stated. We are committed to eradicating Naxalism from India, and our target is to end it completely by March 31, 2026, Shah declared. Remembering Shiv Sena founder Balasaheb Thackeray, Shah said, If Balasaheb were alive today, he would have hugged PM Modi after Operation Sindoor. He criticized current Shiv Sena leaders for making stupid remarks about all-party delegations visiting foreign countries to expose Pakistans terror activities. He also targeted NCP leader Sharad Pawar, accusing him of failing to do anything significant for Maharashtra. Elections for the Brihanmumbai Municipal Corporation (BMC) and 20 other municipal corporations in Maharashtra have been pending for a long time. Recently, the Supreme Court directed the State Election Commission to conduct these elections within the next four months, following a detailed election schedule.

The New Indian Express 26 May 2025 8:23 pm

Operation Sindoor Showed No One Can Mess With Indias Armed Forces, People And Borders: Amit Shah

NANDED, May 26: Union Home Minister Amit Shah on Monday said the success of Operation Sindoor has sent the message to not just Pakistan but also the world that no one can mess with Indias armed forces, its people and borders. He was addressing a Shankhnaad rally in Maharashtras Nanded. Operation Sindoor has sent the message to not just Pakistan but also the world that no one can mess with our armed forces, people and borders. Else, the perpetrators will [] The post Operation Sindoor Showed No One Can Mess With Indias Armed Forces, People And Borders: Amit Shah appeared first on Daily Excelsior .

Daily Excelsior 26 May 2025 7:15 pm

Operation Sindoor showed no one can mess with India's armed forces, people and borders: Amit Shah

Amit Shah addressed a rally in Nanded. He stated Operation Sindoor sent a strong message globally. He reminded everyone of India's response to past terror attacks. Shah mentioned the destruction of terror camps and Pakistan's air defense. He declared Naxalism's end by 2026. He criticized Uddhav Thackeray's Shiv Sena and Sharad Pawar.

The Economic Times 26 May 2025 6:42 pm

Govt Job, Houses For Martyred Jawans Kin: Ajit Pawar

Ajit Pawar visited the martyrs family in Jia Nagar colony of Degloor town in Nanded district and offered condolences.

Deccan Chronicle 13 May 2025 11:12 pm

2 Killed By Lightning As Unseasonal Rains LashMarathwada

Victims from Beed and Latur; rain-related incidents also claim livestock in Nanded

Deccan Chronicle 12 May 2025 1:40 pm

Last Rites of Army Jawan Conducted in Degloor

The last rites of 29-year-old Army jawan Sachin Yadavrao Vananje, a native of Tamlur village in Nanded district, Maharashtra, were performed with full state honours in Degloor town on Friday.

Deccan Chronicle 9 May 2025 11:49 pm

Maha Army Jawan Martyred in J&K

Army jawan Sachin Yadavrao Vananje, 29, a native of Tamlur village in Degloor taluka of Nanded district, Maharashtra, was martyred in Jammu and Kashmir.

Deccan Chronicle 8 May 2025 11:05 pm

31 students hospitalised after eating 'pani puri' at roadside stall in Maharashtra's Nanded

CHHATTRAPATI SAMBHAJINAGAR: In a suspected food-poisoning case, 31 students of different educational institutes were admitted to a government hospital in Maharashtra's Nanded city early on Thursday as they fell ill after consuming 'pani puri' at a roadside stall, officials said. The affected students belong to three city-based educational institutions - Swami Ramanand Teerth Marathwada University, SGGS College and a nursing college, they said. Thirty-one students were admitted to Dr Shankarrao Chavan Government Medical College and Hospital 4 am onwards after they started visiting the medical facility with complaints of vomiting, nausea and uneasiness following consumption of 'pani puri' at a single stall, an official of the hospital said. After their medical examination, the students were admitted to various wards in the hospital for treatment, he said, adding that their condition was stable. Pani puri, a popular street snack, is known as 'golgappa' in northern India.

The New Indian Express 17 Apr 2025 3:30 pm

7 trains cancelled, 3 partially cancelled due to maintenance work

Hyderabad: Seven trains have been cancelled, and three partially cancelled due to maintenance works, said a release from the South Central Railway on Saturday, April 5. Trains cancelled Train no. 77601, between Kacheguda and Nizamabad has been cancelled from April 6 to April 30. Train no. 77602 between Nizamabad and HS Nanded has been cancelled Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 5 Apr 2025 10:13 pm

Sikh, Muslim leaders join hands to oppose Waqf Amendment Bill, call it threat to minority rights

CHANDIGARH: In a rare show of interfaith solidarity, the Akal Takht, the highest temporal seat of Sikhs, and the Shiromani Gurdwara Parbandhak Committee (SGPC), known as the mini parliament of Sikhs, have come together to oppose the Waqf (Amendment) Bill, 2025, calling it a direct interference in the affairs of minority communities. Leaders from the Muslim community have also extended their support, vowing to strengthen communal harmony and confront shared challenges. The SGPC stated that the Bill represents direct interference by the central government in minority-related matters. SGPC president Harjinder Singh Dhami said, It is a direct interference by the Centre Government in minority-related matters. He asserted that the Bill was introduced without consulting the concerned parties, which has led to significant controversy. Dhami remarked that it appears the government intends to curtail minority rights and administer matters according to its own agenda. He emphasised that the SGPC has always been committed to protecting the rights of minorities and opposes any decision that goes against minority communities. Dhami also pointed out that the Centre Government has previously attempted to suppress minorities through measures such as the introduction of the Uniform Civil Code, which directly interfered with the personal laws and religious beliefs of various communities. Similarly, the Agniveer recruitment scheme, instead of direct recruitment into the Indian Army, is an attempt to take away the reservation rights of minorities. Another example is the governments imposition of mandatory helmet-wearing rules for Sikh soldiers, which faced widespread opposition. He stated that the government should refrain from interfering in minority affairs without consulting them. He stressed that minority communities have the full right to preserve their heritage and religious institutions, and laws like the Waqf (Amendment) Bill are an attempt to weaken these rights. Akal Takhts acting Jathedar Kuldip Singh Gargaj said, This country belongs to everyone and every community has the right to live here with happiness. He questioned, Why, when it comes to suppressing minority rights, bills are passed swiftly, but where are the bills to protect minority rights? He stated that the dignity and respect of all communities should be preserved and no one has the right to deprive anyone of their rights. He emphasised that no action should make any community feel that their rights are being taken away. A delegation of the Jamiat Ulema-i-Hind met Akal Takht Jathedar Giani Kuldip Singh Gargaj in Amritsar on Friday to discuss matters related to the Waqf Bill, which has been passed by Parliament. They discussed the common challenges faced by both communities, deepening interfaith cooperation, and reinforcing communal harmony between the Sikh and Muslim communities. Gargaj said the meeting with the members of the more-than-century-old organisation of Muslim scholars was aimed at deepening interfaith cooperation, addressing common challenges, and reinforcing communal harmony between the Sikh and Muslim communities. A member of the Jamiat delegation, Javed Siddiqui, said, For years, we have maintained close ties with Akal Takht Sahib to ensure that any emerging issues are resolved collectively and peacefully. Our goal is to protect the rights of all communities. The last time major Sikh bodies and activists, despite strong differences among themselves, appeared on the same page to strongly oppose a bill was when the Aam Aadmi Party-led Punjab government pushed through an amendment in the Sikh Gurdwara Act, 1925, for the free telecast of Gurbani Kirtan from Darbar Sahib, Amritsar. Their main objection was that the Punjab government was amending the Gurdwara Act on its own without consulting the SGPC or Sikh bodies, which would set the wrong precedent for future governments amending the Act further according to their own wishes and opening the way for interference in Sikh religious and institutional affairs. The Sikh community also opposed the amendment by the Maharashtra government to the Nanded Sikh Gurdwara Sachkhand Sri Hazur Abchalnagar Sahib Board Act, 1956, in February 2024, which effectively allowed the government to take complete control over deciding who would be president of the 17-member board and to have a majority of members of its choice.

The New Indian Express 5 Apr 2025 4:20 pm

Six labourers feared drowned as tractor falls into well in Maharashtra's Nanded

The accident occurred in Alegaon village around 7.30 am, an official from Nanded

The Hindu 4 Apr 2025 10:34 am

Six labourers feared drowned as tractor falls into well in Maharashtra

CHHATRAPATI SAMBHAJINAGAR: Six persons are feared drowned as a tractor carrying farm labourers fell into a well in Maharashtra's Nanded district on Friday morning, police said. The accident occurred in Alegaon village around 7.30 am, an official from Nanded police said. At least 10 persons were on the tractor and were on their way to harvest turmeric at a farm when the vehicle fell into a well. The area was slippery due to rains, he said. The official said two to three persons saved themselves, while six labourers were feared drowned. Rescue efforts are underway, and no bodies have been recovered so far. The well is full, and the tractor could not be spotted, he said, adding that further details were awaited.

The New Indian Express 4 Apr 2025 10:28 am

Punjab Congress, AAP, SAD oppose Waqf Amendment Bill

CHANDIGARH: Punjab's Congress, Aam Aadmi Party (AAP) and Shiromani Akali Dal (SAD) have opposed the contentious Waqf (Amendment) Bill, 2024 , alleging that the Modi Government will now set sights on the Shiromani Gurdwara Parbandhak Committee (SGPC) followed by dilution of the autonomy of Christian institutions. Leader of Opposition and senior Congress leader Partap Singh Bajwa said that the relentless assault on minority rights by the Modi government is exemplified by the contentious Waqf (Amendment) Bill, 2024. Bajwa said, Today, it is the Waqf Act; tomorrow, it will be the SGPC, followed by Christian institutions. The Modi governments agenda is clear: to dismantle the autonomy of religious bodies and impose a majoritarian will. We must resist this erosion of our constitutional rights and stand united against this authoritarian overreach. Addressing the amendments to the Waqf Act, Bajwa said, The inclusion of non-Muslims in key waqf institutions, such as the Central Waqf Council and State Waqf Boards, alongside the appointment of a non-Muslim Chief Executive Officer, signals an unprecedented intrusion into religious autonomy. The Modi government claims this enhances transparency, but it is a clear attempt to erode community representation and control over Waqf properties, he remarked. By centralising decision-making within the state bureaucracy and stripping the Waqf Boards of their authority to declare properties as Waqf, the government is effectively seizing control of religious endowments, he said. He pointed to the repeal of Section 107 of the 1995 Act, which previously exempted Waqf properties from the Limitation Act, 1963, as a move that could legitimise encroachments through adverse possession, further jeopardising Muslim heritage. Centre tables Waqf Amendment Bill in Rajya Sabha after passage in lower house Senior SAD leader Daljit S Cheema said, Minorities are an important part of India and no law should be passed without consensus from the community. We passed a resolution against the amendments to the Waqf Board. Central government is increasing the process of nomination and along with that, they are thinking of making non-Muslims a member of the Waqf Board, he said and likened the Waqf reform to the aking over of the Hazur Sahib Board for Sikhs in Nanded. Earlier, the Hazur Sahib board for Sikhs was there, there they increased the nominations and took it over. Now this has started happening with Muslim brothers as well, so the government should stop these things immediately, he said. While on Monday on occasion of Eid, Punjab Chief Minister Bhagwant Mann said that the AAP would vehemently oppose the Waqf Amendment Bill introduced by the BJP-led NDA Government. He assured the Muslim community that his government stood firmly with them in rejecting the proposed legislation, which has sparked strong opposition from the Muslim community across the country. Speaking to the media after offering Eid prayers at Malerkotla, Mann emphasised that his government would challenge the Bill at every platform, including the Parliament and the Punjab Vidhan Sabha. Our Muslim brethren are opposing this Bill vehemently, and AAP is solidly with them at this hour. We will oppose this legislation tooth and nail, he said. Waqf Board sees illegal encroachment of 14,000 acres in Punjab; litigations still ongoing in various courts

The New Indian Express 3 Apr 2025 7:28 pm

Punjab Police arrest three operatives of Khalistani militant outfit from Bihar

CHANDIGARH: Punjab Police has busted a narco-terror module linked to the banned terrorist outfit Babbar Khalsa International (BKI) with the arrest of three key operatives from Bihar while they were attempting to flee to Nepal. Director General of Police, Punjab Gaurav Yadav, said here on Saturday that those arrested have been identified as Karandeep Yadav (21), Mukesh Kumar (29) and Sajan Singh (24), all residents of Khandwala Chheharta in Amritsar. The police teams have also recovered three mobile phones and 700 Nepali currency notes from their possession. The development came following meticulous investigation after the arrest of Joban Singh alias Joban and Gurbaksh Singh alias Lala after recovering 290 grams of heroin from their possession. Yadav said that preliminary investigations had revealed that the arrested accused were working on the directions of Pakistan-based BKI mastermind Harwinder Rinda. He said that the probe has revealed that the arrested accused Karandeep Yadav, had delivered the grenades and weapons that were recovered from Tarn Taran in January this year. As per the information, Tarn Taran Police had arrested four operatives identified as Robinjeet Singh alias Robin, Harpreet Singh alias Happy, Navjot Singh alias Nav and Jagdeep Singh alias Jagga. The police recovered two hand grenades and a pistol from their possession. He said that the arrested individuals, who were residing in Amritsars Khandwala and Chheharta areas, have been apprehended from the jurisdiction of Police Station Kumarkhand in Madehpur, Bihar when they were planning to flee to Nepal. The trio accused persons are being brought back to Punjab for further interrogation. Sharing operation details, Amritsar Police Commissioner of Police Gurpreet Singh Bhullar said that acting on reliable inputs, an intelligence-led operation was launched with the lead taken by officers from Chheharta Police Station, Amritsar. As a result, the accused were successfully arrested from Bihar. He said that further investigations are ongoing to establish backward and forward linkages in this case, and more arrests and recoveries are expected in coming days. In this regard, a case has dated March 7 has already been registered under section 21-C of the NDPS Act at Police Station Chheharta in Amritsar. Punjab police arrest three operatives of Khalistani militant outfit In another development, the State Special Operation Cell (SSOC), Mohali, arrested three operatives of a terror module being run by Pakistan-based BKI terrorist Harvinder Singh alias Rinda. Those arrested have been identified as Jagjit Singh alias Jaggi and Shubham Khelbude, both residents of Nanded in Maharashtra and Gurdeep Singh alias Deepa, a resident of Raipur in Ropar. Police teams have also recovered two weapons including one 12 bore pump-action gun with 15 cartridges and one .32 bore pistol with eight cartridges. This development follows the earlier arrests of Jagdish Singh alias Jagga, Shubhdeep Singh alias Shubh, and Sachindeep Singh alias Sachin in connection with the Nanded murder case. With these latest arrests, the total number of individuals apprehended in the case has risen to six in this case. Yadav said preliminary investigation has revealed that arrested accused Jagjit alias Jaggi played a critical role in facilitating logistics, safe houses, and coordination for the shooters involved in the Nanded murder case, masterminded by Rinda from across the border. Investigations have also uncovered the role of jailed gangster Dilpreet alias Baba, an old associate of Rinda, who arranged safe shelters in Punjab for the accused, he said. He said that the arrested operative Jagjeet alias Jaggi is wanted in cases related to murder, attempt to murder, threat and intimidating for extortion, while Shubham is wanted in threat and extortion related cases in Nanded, Maharashtra and came to Punjab evading their arrest. Accused Jaggi and Shubam were actively involved in coordinating various illegal activities, including the procurement of weapons, collection of extortion money, logistics support, and shelter for their other operatives in Nanded all on directions of Harvinder alias Rinda, he said. Yadav said that the third arrested individual Gurdeep alias Deepa was arrested for providing shelter and logistical support to the fugitives Jaggi and Shubam. Accused Gurdeep Deepa also played a crucial role in enabling the escape and continued activities of the accused. AIG SSOC SAS Nagar Dr Simrat Kaur said following a reliable input, a team of SSOC SAS Nagar launched an intelligence-led operation and arrested Shubham Khelbude along with Gurdeep alias Deepa from Anandpur Sahib where he was taking shelter at a sand crusher owned by the latter. Further swift action on the leads obtained from the interrogation of arrested accused paved way for the arrest of third accused Jagjeet alias Jaggi from district Tarn tarn late night on the same day. She said that during the operation the police recovered a .32-bore pistol from Shubham and a Pump Action Gun from Gurdeep, which were intended for use in furthering illegal operations in Punjab and other regions. In this regard, a case has already been registered under section 25(1) B of the Arms act and sections 249 and 61(2) of the Bharatiya Nyaya Sanhita (BNS) at Police Station SSOC, SAS Nagar.

The New Indian Express 15 Mar 2025 7:23 pm

GBS syndrome: Minister says 224 cases reported in Maharashtra

Maharashtra reported 224 cases of Guillain-Barre-Syndrome (GBS) and 12 deaths as of March 3, mainly linked to prior Campylobacter infections. The central team is investigating the outbreak, particularly in Pune and Nanded, focusing on water sources and supply systems. Strengthening public healthcare systems is the state's responsibility.

The Economic Times 11 Mar 2025 4:41 pm

Video: Maharashtra state bus loses control after trying to overtake motorbike

A Maharashtra State Road Transport Corporation (MSRTC) bus, heading towards Latur, lost control after it tried to overtake a motorbike on the Latur-Nanded highway. The incident occurred on March 3. It was captured in CCTV showing the MSRTC bus travelling at high speed and trying to overtake the motorbike at a junction. As it overtakes, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 4 Mar 2025 2:57 pm

Man Dupes People Of Rs 10 Lakh Over Pretext Of Recruitment In Army, Arrested

The arrest followed a complaint lodged by a 23-year-old candidate, resident of Nanded district, who had paid Rs 1.75 lakh to the accused.

NDTV 2 Mar 2025 7:51 am

Fact Check: AIMIM leader makes controversial 15 minutes comment at Hyderabad meeting?

The viral video is not from Hyderabad but from an election campaign event at Urdu Ghar, Nanded, during the Maharashtra elections last year

Deccan Chronicle 28 Feb 2025 12:51 am

GainBitcoin scam case: CBI seizes cryptocurrencies worth over Rs 23.94 crore

NEW DELHI: The CBI has seized cryptocurrencies worth more than Rs 23.94 crore during its two-day countrywide search operation in the GainBitcoin scam case that concluded on Wednesday, officials said. The central probe agency has also seized multiple hardware crypto wallets, 121 documents, 34 laptops and hard disks, 12 mobile phones and multiple email and instant messaging application dumps, they said. Following the nationwide searches conducted on February 25 and 26 in connection with the GainBitcoin cases, the Central Bureau of Investigation (CBI), using in-house capabilities, has seized significant incriminating evidence and virtual digital assets, further unravelling the extent of the cryptocurrency fraud, a spokesperson said in a statement. The agency has sent the electronic devices for forensic analysis to uncover further details regarding the misappropriation of funds and potential international transactions linked to the scam, the officials said. The CBI launched the search operation at 60 locations in Delhi, Pune, Nanded, Kolhapur, Mumbai, Bengaluru, Chandigarh, Mohali, Jhansi, and Hubli on Tuesday as part of its probe into the scam. The operation concluded on Wednesday. The ponzi scam was perpetrated through a web of platforms, including flagship site www.gainbitcoin.com, was allegedly masterminded by Amit Bhardwaj (now deceased) and his brother Ajay Bhardwaj, the officials said. Launched in 2015, the illicit operation was camouflaged under the facade of Variable Tech Pvt. Ltd, they said. The investors were lured by the offer of a 10 per cent monthly return in Bitcoin over 18 months. They were urged them to purchase the digital currency from external exchanges and deposit it with GainBitcoin through cloud mining contracts, the central agency said. The model followed a multi-level marketing (MLM) structure, commonly associated with pyramid-structured ponzi schemes where payouts are dependent on bringing in new investors, the spokesperson said. In its early days, investors received payouts in Bitcoin, fuelling the illusion of a lucrative venture. However, as the influx of new capital dwindled by 2017, the charade began to crumble. In an attempt to cover up the losses, GainBitcoin unilaterally switched payouts to their alleged in-house cryptocurrency called MCAP, which had significantly less value than Bitcoin, further misleading investors, the statement said. The scale and complexity of the scam resulted in the registration of multiple FIRs across India, from Jammu and Kashmir to Maharashtra and from Delhi to West Bengal. The Supreme Court had handed over the investigation into the case to the CBI due to the expansive nature of the operation and the international ramifications it entailed. The agency has launched a probe to unravel the full extent of the fraudulent activities, identify all implicated parties and trace the misappropriated funds, including those that may have crossed borders.

The New Indian Express 26 Feb 2025 6:53 pm

CBI conducts raids in multiple cities in Rs 600 crore crypto scam

NEW DELHI: The Central Bureau of Investigation (CBI) has been conducting extensive raids at over 60 locations linked to key accused individuals, their associates and entities suspected of laundering the proceeds of crime across the country as part of its investigation into the GainBitcoin crypto currency scam case, officials said on Tuesday. The coordinated raids are being carried out in major cities, including Delhi-NCR, Pune, Chandigarh, Nanded, Kolhapur, Bengaluru and other places, targeting the premises linked to key accused. Given the vast scale and complexity of the scam, the FIRs were registered in various states, including Jammu & Kashmir, Punjab, Chandigarh, Delhi, West Bengal, Madhya Pradesh, Karnataka, and Maharashtra and were subsequently transferred to the CBI by the SC, the officials said. A senior CBI official said, The agency took over the cases and has been conducting an omnibus and comprehensive investigation to uncover the full extent of the fraud, identify all accused parties, and trace the misappropriated funds, including international transactions. Incriminating digital evidence and digital devices have been seized. The evidence present in emails/clouds have also been seized. The CBI remains committed to ensuring a thorough and impartial investigation and bringing the perpetrators of this massive crypto currency fraud to justice, the official said. A CBI official said that GainBitcoin was an alleged Ponzi scheme launched in 2015 by Amit Bhardwaj (deceased), with Ajay Bhardwaj and their network of agents. The scheme operated through multiple websites under the facade of a company named Variabletech Pte. Ltd. The scheme lured investors by promising lucrative returns of 10 percent monthly in Bitcoin for 18 months, the officials said.

The New Indian Express 26 Feb 2025 7:48 am

CBI conducts searches in Rs 6,600 cr crypto scam

New Delhi: The CBI on Tuesday conducted countrywide coordinated searches at 60 locations as part of its probe into Rs 6,600 crore GainBitcoin cryptocurrency scam, officials said. The searches were spread across multiple cities including Delhi NCR, Pune, Chandigarh, Nanded, Kolhapur and Bengaluru, targeting premises allegedly linked to key accused individuals, a CBI spokesperson said []

The Navhind Times 26 Feb 2025 1:11 am

Cryptocurrency fraud: CBI conducts searches at 60 locations in several states

New Delhi: The Central Bureau of Investigation (CBI) on Tuesday conducted searches at over 60 locations across the country as part of its investigation into the Gain Bitcoin cryptocurrency scam, officials said. The coordinated search operations were carried out in major cities, including Delhi-NCR, Pune, Chandigarh, Nanded, Kolhapur, Bengaluru, and others, targeting premises linked to [] The post Cryptocurrency fraud: CBI conducts searches at 60 locations in several states appeared first on Northlines .

The Northlines 25 Feb 2025 6:02 pm