Pune Cop Kidnapped Crypto Trader For $40 Million Bitcoin Ransom
NDTV
The police constable in Pune and his co-conspirators allegedly kidnapped the crypto trader on January 14 and demanded he transfer his entire digital currency holdings along with another Rs 8,00,000 in cash.
A police constable accused of kidnapping a local cryptocurrency trader and demanding Bitcoin ransom worth $40 million has been arrested along with seven accomplices, authorities said Wednesday.
Dilip Tukaram Khandare had learned that a fellow resident of Pune owned a lucrative Bitcoin wallet and hatched a plan to kidnap him.
He and his co-conspirators allegedly kidnapped 38-year-old Vinay Naik on January 14 and demanded he transfer his entire digital currency holdings, worth Rs 300 crore ($40 million), along with another Rs 8,00,000 in cash.
Mr Naik was abruptly let go the next day when the kidnappers realised the police were on their tail, and the perpetrators were detained on Tuesday.