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Gujarat bitcoin case: Complainant booked for kidnapping, extortion

The Gujarat Criminal Investigation Department (CID) has booked a Surat-based builder for allegedly extorting over Rs 155 crore in cash and bitcoins from two persons, a senior official said today.

May 21, 2018 / 17:42 IST
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The Gujarat Criminal Investigation Department (CID) has booked a Surat-based builder for allegedly extorting over Rs 155 crore in cash and bitcoins from two persons, a senior official said today. The builder, Shailesh Bhatt, was the complainant in a bitcoin extortion case.

The CID-Crime lodged a fresh FIR against Bhatt and about nine of his accomplices yesterday at Surat after new details emerged during the ongoing probe into the original case, Director General of Police, CID-Crime, Ashish Bhatia, told reporters in Gandhinagar.

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Two persons, including Shailesh Bhatt's nephew Nikunj Bhatt and Dilip Kanani, were also arrested yesterday from Surat on charges of kidnapping and extorting bitcoins and cash at the builder's behest, he said.

After the arrest, the sleuths recovered 152 bitcoins (Rs 8.58 crore), which were in Kanani's wallet, Bhatia said.