In a fresh crackdown on the Mahadev Online Book syndicate, the Enforcement Directorate has frozen assets worth Rs 21.45 crore. This include 27 immovable properties like houses, shops, and luxury apartments across India and the UAE. The Raipur Zonal Office executed the attachment on January 10, 2026, under PMLA provisions. Promoters like Ravi Uppal and Rajat Kumar Singh are among those whose assets were seized. The ED’s investigation highlights a sophisticated operation where 70-75% of profits were retained by promoters while using thousands of mule accounts to launder money. So far, 13 individuals have been arrested, and 74 entities have been named as accused in the sprawling investigation.
