Indian Police Officers Involved in Abduction, Bitcoin, and Extortion Crimes

india police bitcoin abduction

One Indian police department accused ten police officers from its unit of various crimes including extortion and kidnapping. The scheme involved $1.35 million worth of bitcoins.

The Gujarat state CID filed a first information report to begin proceedings of the investigation against ten policemen and one individual for allegedly abducting and forcing a rich businessman who trades cryptocurrencies to give them more than 200 bitcoins.

The police department filed the charges after they received a complaint from the victim, Shailesh Bhatt. Bhatt alleged that one police inspector named Anant Patel and other subordinate constables used three police cars to kidnap him along with his driver and business partner to a remote farm. They beat them up and made him transfer the bitcoins to the police inspector.

SEE ALSO:   Bitcoin Price Prediction 2018: Can cryptocurrency hit $50,000 this year? -Bitcoin News Today -Price Prediction Today

The investigation hasn’t identified if the bitcoins were really transferred to the inspector. However, Ashish Bhatia, the CID director has assigned a special investigative unit to handle this case.

Bhatia told the press that the FIR was filed based on the evidence the team discovered so far. The victim mentioned the transfer from his digital wallet in the statement. She also revealed that the victim allegedly paid Rs 32 to secure their release with an additional Rs 78.5 lakh in a bid to get the bitcoins back. However, there is still no proof of the transactions.

SEE ALSO:   Litecoin Cash Predictions: Why is Litecoin fork Litecoin Cash rising? LCC / USD - Litecoin Cash Price Analysis -Price Prediction Today

The official did confirm that the police officers used the police department vehicles and they were not authorized to do so. She also confirmed that the digital wallets of the victims and the suspects would be examined.

Another report revealed that the offices and homes of the suspects were raided simultaneously and three of the men were arrested as well.

The investigation is ongoing in the case. If more proof is found, the police officers may be charged with corruption and other crimes.


Legal Disclaimer: The content of this website ( is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. You should not treat any information on as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from

SEE ALSO:   Llew Claasen: Bitcoin will hit $40,000 and 90% of the cryptocurrencies will fall (Bitcoin Price Predictions 2018) - Bitcoin Price Today –Cryptocurency Today

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get Smart About Crypto!

Promise we won’t spam you!

We Are Hiring

Click here if you would like to join one of the fastest growing blockchain news companies in the world!