ED Raid: Suresh Raina & Shikhar Dhawan’s ₹11.14 Crore Assets Attached in ₹1,000 Crore Betting Scam Investigation
On November 06, 2025, the Enforcement Directorate (ED) shocked cricket fans by attaching assets worth Rs. 11.14 crore of two former Indian star players, Suresh Raina and Shikhar Dhawan. According to ED, assets attached include a mutual fund investment worth Rs. 6.64 crore in the name of Suresh Raina and an immovable property worth Rs. 4.5 crore owned by Shikhar Dhawan.
This action has been taken under the Prevention of Money Laundering Act (PMLA), 2002. This decision came after the ongoing probe into illegal online betting linked to one of the famous betting platforms, 1xBet, and its surrogate brands. The assets attached are suspected to be linked to money received from the promotion of illegal betting platforms.
Yuvraj Singh, Sonu Sood, Robin Uthappa, and many others are involved?
Suresh Raina and Shikhar Dhawan were not only two cricketers who came under the ED radar, but they also questioned various famous personalities, including Yuvraj Singh, Robin Uthappa. Actors like Sonu Sood and Urvashi Rautela are also questioned under this investigation.
Why did ED take action against Suresh Raina and Shikhar Dhawan?
1xBet is a popular international betting website, but it is not authorized to operate in India. Despite the ban, 1xBet did advertisements, online promotions from social media influencers, and cricketers to target the Indian betting market.
ED claims that Suresh Raina and Shikhar Dhawan were knowingly doing these endorsed deals for 1xBet and its surrogate brands despite being banned in India.
The real problem came when the money given to these promoters was done through foreign companies, and the money routing method was designed to hide the real source of income.
What ED Investigation Found?
Money laundering of over Rs. 1000 crore has been detected so far.
Fake business profiles were used to hide illegal transactions.
More than 6,000 mule accounts were created to collect money from Indian users.
The money moved across multiple payment gateways without proper KYC checks.
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