ED Freezes ₹526 Crore Assets in Gameskraft Money Laundering Case

The Enforcement Directorate (ED) has frozen assets worth ₹526.49 crore and seized gold, diamond jewellery, bullion and cash following searches against Bengaluru-based online gaming company Gameskraft Technologies Pvt Ltd in a money laundering investigation linked to alleged manipulation of online rummy games.

The searches were conducted between May 7 and May 13 in Delhi-NCR and Bengaluru under the Prevention of Money Laundering Act (PMLA) . According to the ED, frozen assets include bank deposits, payment gateway balances, bonds and fixed deposits. The agency also seized jewellery and bullion worth ₹3.5 crore along with ₹11 lakh in cash .

Following the raids, the ED arrested the company’s founders Deepak Singh , Prithvi Raj Singh and Vikas Taneja .

The agency alleged that Gameskraft operated real-money gaming platforms including RummyCulture , RummyPrime , Playship , RummyTime and RummyCorner , with a domestic user base of nearly three crore users , especially from Telangana, Andhra Pradesh and Tamil Nadu .

According to the probe, the company charged commissions of 10-15 per cent on users’ wagering amounts while allegedly making players compete against automated bots without their knowledge or consent. The ED claimed these practices caused financial losses of nearly ₹1,154 crore to users and resulted in severe mental distress among some players.

The agency further alleged that the proceeds were laundered through investments in foreign entities, dividend payments, mutual funds, bonds and properties. The case comes amid tighter scrutiny of the sector after India banned online money gaming in August 2025 .