
The Commissioner's Task Force South zone team busted two cricket betting rackets and arrested five people in this connection in Hyderabad on Thursday. The Task Force also recovered Rs 2,87,150 from their possession.
The accused allegedly collected huge betting amounts during the second One Day International (ODI) cricket match between India and Sri Lanka, said Additional Deputy Commissioner of Police S Chaitanya Kumar.
The teams formed two separate teams and conducted simultaneous raids and arrested the five accused.
The arrested persons have been identified as Deepesh Jain, Shaik Faran, Neeraj Malani, Sanjay Gujarathi and Neelesh Kumar.
One LED TV, two laptops, in which the betting software was installed, and 12 cell phones were recovered from their possession.
The police have launched manhunt for two others who are at large.