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Latest Business News, Business News India Today | The HinduBusinessLine

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ED arrests Gameskraft founders in PMLA case
2026-05-08 · via Latest Business News, Business News India Today | The HinduBusinessLine
ED arrests Gameskraft founders for money laundering amid investigations tied to fraud and online gaming regulations

ED arrests Gameskraft founders for money laundering amid investigations tied to fraud and online gaming regulations

Three founders of online gaming platform Gameskraft — Deepak Singh, Prithvi Raj Singh and Vikas Taneja — have been arrested by the Enforcement Directorate (ED) in a money laundering case.

The arrests came after ED filed a money laundering case against Gameskraft Technologies Ltd and other associated entities, taking into cognisance multiple FIRs related to suicides committed by victims who were allegedly cheated and dragged into a fraud.

According to ED officials, Deepak Singh and Prithvi Raj Singh were picked up from the Delhi-National Capital Region while Taneja was arrested from Bengaluru. The officials have taken Deepak Singh and Prithvi Raj Singh on a transit remand for their production in Bengaluru where the case is being probed.

Custodial interrogation

On Thursday, the ED carried out searches at 17 locations in Delhi-NCR and Bengaluru, leading to the seizure of certain documents, agency officials said. The sleuths decided to take them on for custodial interrogation on the basis of material in possession which allegedly pointed out that the Gameskraft group founders are guilty of the offence of money laundering.

The platform, as per the agency officials, ran and owned various online real-money games like ‘RummyCulture’ and ‘Rummytime’.

This is latest of a series of actions against the group. The ED in November 2025 froze eight bank accounts, which were essentially escrow accounts for payouts, carrying deposits worth ₹18.57 crore as part of its money laundering probe against Gameskraft.

Gameskraft website’s landing page hosted “temporary discontinuation of services” message: “In compliance with the Promotion and Regulation of Online Gaming Act, 2025, Gameskraft has discontinued its operations until further notice.” The Centre had banned online money gaming in India last August, forcing Gameskraft to comply with the Promotion and Regulation of Online Gaming Act, 2025.

The Act has put an end to real-money games and therefore, the company suspended “Add Cash” option and retained legal gameplay on its rummy platforms.

The Bill was brought in to encourage e-sports and online social games while prohibiting harmful online money gaming services, advertisements, and financial transactions related to them.

The Centre may authorise officers to investigate, search and seize digital or physical property linked to offences under Promotion and Regulation of Online Gaming Act. Officers would be empowered to enter, search and arrest without a warrant in some instances of suspected offences.

Published on May 8, 2026