Surat, Gujarat: In a major crackdown, the Special Operations Group (SOG) of Surat has exposed a high-value illegal racket involving dubba trading and online gaming, with transactions totaling more than ₹943 crore. The operations were being conducted from a construction office disguised as “Sunrise Developers” located in the Meridian Business Center, near Lajamani Chowk in Mota Varachha. The police have arrested eight individuals, including the main masterminds.
How the Operation Worked
The racket involved two core illegal activities:
-
Dubba trading—a form of illegal stock market trading conducted without SEBI authorization—operated through software like “Castilo 9” and “Stock Grow”.
-
Online sports and casino betting via banned websites such as BetFair.com, NexonExch.com, PavanExch, and English999.
The accused lured clients by promising high, tax-free profits and the convenience of investing black money. They falsely claimed there were no losses involved in the trading process. This led to significant financial losses for the government due to tax evasion and black money laundering.
Evidence Shredded Using Paper-Cutting Machine
During the raid, the police seized a paper-cutting machine used to destroy documents containing financial records and customer information. This was part of a deliberate attempt to eliminate all traces of the illegal activities, especially those connected to unaccounted money and illegal trades.
Key Accused and Their Roles
The eight individuals arrested include:
-
Nandlal alias Nando Vithalbhai Gevariya – the prime accused, previously involved in similar online gambling offenses.
-
Vishal alias Vicky Mansukhbhai Gevariya – his cousin and co-operator.
-
Bhavesh Jinabhai Kihla, Jaydeep Kanjibhai Pipliya, and Navnit Chaturbhai Gevariya – responsible for handling accounts and client interactions.
-
Bhavin Arvindbhai Hirpara and Bakul Maganbhai Tarasariya – developers of the illegal trading and betting software.
-
Sahil Mukeshbhai Suvagiya – worked as a caller to attract clients and manage their user credentials.
Over 250 Users Involved
The investigation revealed that more than 250 individuals were active users of the network. The accused provided them with login credentials to access specially developed illegal platforms for trading and betting. According to police, the racket had been active for over 1.5 years under the banner of “Sunrise Developers”, although Nandlal had been running similar illegal activities for more than a decade.
The police also uncovered ₹4.62 crore in suspicious financial transactions across multiple bank accounts linked to the operation.
