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According to a News 18 Hindi report, investigators said that an amount of ₹331.36 crore was siphoned off from the bank account of a Rapido bike rider between August 19, 2024, and April 16, 2025, an amount completely disproportionate to his livelihood.
What makes the matter even more dramatic is that over ₹1 crore is believed to have been paid into the same account for a lavish destination wedding held at Taj Aravali, Udaipur in November 2024. The wedding was described as “luxury-level, high-budget and meticulously coordinated” by officials with no direct connection to Ryder. Yet several huge bills were reportedly cleared from his account.
ED suspects links to 1xBet betting network
Preliminary findings have shown that the money may have originated from a shadow financial network linked to illegal online betting operations, particularly the controversial 1xBet ecosystem. ED officials said the pattern of transactions reflects “layering”, where money is routed through unsuspecting or vulnerable persons to obscure the original source.
The investigators have now turned their attention towards Aditya Jula, a Youth Congress leader from the Rajasthan-Gujarat belt. Sources familiar with the investigation claim that the Udaipur marriage is linked to him and that the family has a long political lineage. The ED is investigating why the rider’s account was used, who operated it and whether he was forced, compensated or kept in the dark.
Officials are puzzled as to how such a huge amount was sent so easily through a person with no involvement in high-profile social circles.
The turning point in the investigation came when the ED examined the internal payment records of Taj Aravali. They found that bills for decoration, luxury fleet services, room booking, event management and guest arrangements were partially or fully paid from the rider’s bank account.
Authorities believed that these transactions were processed through a well-organized parallel payment system, designed to hide the beneficiaries and keep the financial operators invisible. The rider reportedly did not raise any alarm as his account became a revolving door of massive credits and withdrawals.