Wednesday, April 14, 2021
Home News Reports 10 Policemen booked in Gujarat for forcibly taking Bitcoins after kidnapping businessmen

10 Policemen booked in Gujarat for forcibly taking Bitcoins after kidnapping businessmen

Gujarat Police have booked a Police Inspector and 9 other policemen for allegedly extorting 200 Bitcoins worth about 12 crores. According to reports, in what appears to be the first virtual currency related crime in the country, the Gujarat police CID (crime) booked inspector Anant Patel and 10 others for kidnapping and extortion.

The police have filed an FIR after a complaint against Anant Patel and 10 other policemen was received for allegedly kidnapping a businessman named Sailesh Bhatt at a farmhouse in Gandhinagar and forcibly taking 200 Bitcoins from his smartphone.

The police have lodged the FIR after the complaint and a preliminary probe. Apart from the 10 policemen, a private individual has also been named in the FIR. The individual is a businessman and he allegedly helped the policemen with the transactions. Additional DG Ashish Bhatia stated that a team has been formed to investigate the high profile case. The police also added that they are yet to receive any substantial evidence regarding the alleged forcible transfer of the Bitcoins.

According to the FIR, the accused police officer Anant Patel, who is a local crime branch officer from Amreli, along with his accomplices allegedly took Sailesh Bhatt, his associate Kirit Paladia and his driver Mahipal forcibly to a farmhouse near Dehgam and kept them hostage. Patel then forced them to transfer the Bitcoins from their mobile phone.

The FIR also states that Patel and the other policemen also demanded an extortion money of Rs 32 crores to release Bhatt and Paladia. The complainants have accused that the policemen let the hostages go only after the extortion money of Rs 32 crores was transferred to them. The allegedly took another 78 lakhs to give back the bitcoins.

Bitcoin is a cryptocurrency which is issued virtually through cryptography and it has been in news recently for providing exceptional returns on investments. Recently, the Reserve Bank of India had ordered all financial institutions to sever ties with firms dealing in cryptocurrencies within three months. There are approximately over five million investors who have bought Bitcoins or other major cryptocurrencies.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

From reports of shortages to black-marketing, is Remdesivir really the ‘miracle drug’ to cure Covid?

In November 2020, World Health Organization (WHO) recommended against the use of Remdesivir in Covid-19 patients stating that there was no evidence that the drug can improve survival.

What would Dr. Ambedkar say about Hindu and Muslim societies today?

What do you think Dr. Ambedkar would say today about the relative performance of Hindu and Muslim society in the years since 1947? Can you be as frank and clear in stating your thoughts as he was?

Covid panic: Govt cancels Class 10 Board exams, students to be given marks as per Board criteria

Class 10 students will be promoted on the basis of an internal assessment. The government will review the situation on June 1 and decide on Class 12th Board exams thereafter.

COVID-19 outbreak: Maharashtra to get 100 MT oxygen from Ambani owned Reliance’s Jamnagar plant

Urban development minister Eknath Shinde said that Maharashtra will receive 100 MT of oxygen supply from Reliance's Jamnagar plant

Uttar Pradesh: Chief Minister Yogi Adityanath tests positive for coronavirus

He had earlier isolated himself after coming in contact with Covid-19 positive officers with the CMO. Recently, he had taken first dose of coronavirus vaccine.

Recently Popular

Pfizer wanted Brazil, Argentina to put military bases, Federal reserve as collateral: Why India kept Pfizer away and how the usual suspects are wrong

Pfizer has been accused of countries in Latin America of pledging their sovereign assets, military bases and financial reserves to protect itself from any adverse fallout of the vaccine

OpIndia Exclusive: Tata Communications suffers data leak, hackers claim to have sold access to company’s servers, over 50GB data still up for sale

As per two posts by hackers on a hackers' forum, they have gained access to Tata Communications servers and sold them.

What happened in Chhabra after Hindu man was stabbed by Muslim men: Call for peace, attack on a Hindu the next day and more

On April 12, the administration extended curfew for one more day at Chhabra, Baran district in Rajasthan after the communal riot

Attempts to draw false equivalence between the Kumbh Mela and Tablighi Jamaat congregation do not make sense: Here’s why

Attempts are being made to draw false equivalences between the Kumbh Mela and the Tablighi Jamaat congregation last year.

It’s a lung… it’s a burnt toast… it’s a duck pic… No! It’s a painting by Mamata Banerjee

Mamata Banerjee did not appear in any election rallies or gave any statement regarding the ongoing Assembly elections in West Bengal after Election Commission banned her from campaigning for 24 hours

India has to become a ‘Hindu Rashtra’, or it will be turned into an Islamic nation by 2030: Kerala MLA

"Can we let this nation (go) to any particular community? This needs to be discussed. Somebody has to speak up," PC George emphasised.
- Advertisement -

 

Connect with us

254,077FansLike
528,961FollowersFollow
24,200SubscribersSubscribe