Synopsis: The probe agency’s investigation also revealed that Veerendra in association with other friends and family members is involved in operations of many illegal online betting websites viz. King567, Raja567 etc and cheating innocent players through the same.

The Directorate of Enforcement, Bengaluru Zonal Office, on Thursday, 9 October, seized 24 carat gold bullion weighing 40 kgs (approx.) worth ₹50.33 crore during search operations in a case registered against Congress MLA KC Veerendra and others related to illegal online betting.

In a statement released on Thursday, the probe agency said it carried out search operations on 9 October under the provisions of PMLA, 2002. Earlier, ED had seized assets worth ₹103 crore in the form of around 21kgs gold bars, cash, gold and silver jew

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