• About us
  • Contact us
  • Our team
  • Terms of Service
Thursday, January 22, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Bitcoin extortion case: Amreli SP detained by Gujarat CID

Press Trust of india by Press Trust of india
April 24, 2018
in BUSINESS
A A
0
Bitcoin extortion case: Amreli SP detained by Gujarat CID
FacebookTwitterWhatsapp

Ahmedabad, Apr 23:  Amreli Superintendent of Police (SP) Jagdish Patel has been detained by the Gujarat

CID-Crime for questioning for his alleged role in extorting bitcoins and cash from a builder, an official said today.

More News

Vaishnaw says India will definitely become 3rd largest economy; Gopinath predicts by 2028 or earlier

Current state of economy provides ground for optimism: RBI bulletin

Cabinet approves continuation of Atal Pension Yojana till 2030-31

Load More

Jagdish Patel was taken into custody from his residence in Amreli district last night and brought to Gandhinagar by CID-Crime, which is probing the case, he said.

“Amreli SP Jagdish Patel has been detained by us for questioning. He has not been arrested yet,” Gujarat CID-Crime DGP Ashish Bhatia said.

A few days back, a police inspector from Amreli district, Anant Patel, was arrested in the case. He is accused of extorting bitcoins worth crores of rupees and cash from Surat-based builder Shailesh Bhatt.

Besides Anant Patel, nine other policemen and a middleman from Amreli had been made accused in the case.

Before Anant Patel, two constables and the middleman were also arrested by the probe agency.

Notably, Jagdish Patel’s name does not figure in the FIR.

On April 8, the CID-Crime registered a case against Anant Patel and others for allegedly kidnapping Bhatt and extorting bitcoins, a popular crypto-currency, and some cash from him.

They were booked under IPC sections related to kidnapping, extortion, illegal detention as well as under relevant provisions of the Prevention of Corruption Act.

Bhatt, in his compliant, had alleged he was kidnapped from near a hotel in Gandhinagar by the accused policemen on February 9.

The realtor had claimed he was taken to a farmhouse near the state capital where Anant Patel beat him and forced him to digitally transfer 200 bitcoins worth crores of rupees. Police had earlier said they were verifying Bhatt’s claim of digitally transferring 200 bitcoins to Anant Patel.

The exchange rate of one bitcoin is over Rs 5 lakh at present, as per the websites which track the prices of crypto- currencies.

Bitcoin is a type of digital money that is issued and normally controlled by its developers and used and accepted among the members of the virtual community.

The Centre has said it does not recognise bitcoin or any other crypto-currency as legal tender in India.

Previous Post

Halep stays atop women’s tennis singles rankings

Next Post

Farooq, Omar express grief over demise of S. Sohan Singh

Press Trust of india

Press Trust of india

Related Posts

Vaishnaw says India will definitely become 3rd largest economy; Gopinath predicts by 2028 or earlier

Govt bringing laws, taking steps to make social media platforms accountable: IT Min
January 21, 2026

Davos:  Union Minister Ashwini Vaishnaw on Wednesday asserted that India will definitely become the world's third-largest economy over the next...

Read moreDetails

Current state of economy provides ground for optimism: RBI bulletin

RBI holds meeting of Steering Sub Committee of J&K SLBC
January 21, 2026

Mumbai:  The current state of the economy provides ground for optimism going forward and India will remain the fastest growing...

Read moreDetails

Cabinet approves continuation of Atal Pension Yojana till 2030-31

January 21, 2026

New Delhi: The Union Cabinet on Wednesday approved continuation of government's flagship Atal Pension Yojana (APY) up to financial year...

Read moreDetails

India a sleeping giant, can become world’s top economy if it wakes up: Naidu

No ideological differences with Cong: Chandrababu Naidu
January 20, 2026

Davos, Jan 20 (PTI) Senior Union ministers, along with chief ministers and senior leaders from as many as 10 states,...

Read moreDetails

Investors’ wealth erodes by Rs 9.86 lakh cr as stock markets tumble

Equity investors’ wealth plunges Rs 1.36 lakh cr amid sell-off in markets
January 20, 2026

New Delhi:  Investors' wealth eroded by Rs 9.86 lakh crore in a single day on Tuesday as stock markets faced...

Read moreDetails

Indian CEOs more confident than global peers on GDP, revenue growth: PwC survey

January 20, 2026

Davos:  Amidst a subdued global outlook, Indian CEOs are a lot more optimistic than their global peers on growth of...

Read moreDetails
Next Post
Dr Farooq, Omar hits out at PDP BJP on civilian killings

Farooq, Omar express grief over demise of S. Sohan Singh

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.