Superintendent of Police Jagdish Patel was accused of being part of a conspiracy of kidnapping the Surat-based “businessman” Shailesh Bhatt and others in Gandhinagar and extorting cryptocurrency Bitcoin worth crores of rupees.
Vivek and Amit were arrested in April by a Special Investigation Team of the Pune police, which had taken their custody following their detention from Bangkok. On Thursday, Delhi Police took Vivek's custody and took him to Prashant Vihar police station for questioning.
Bitcoin was last valued at $6,419.03, less than a third of its peak near $20,000 in December 2017. Cryptocurrencies, of which bitcoin is the most valuable, are pieces of computer code that are not backed by any central bank or hard asset
Police sources said Pankaj and Hemant were the agents of Amit and Vivek. Pankaj and Hemant motivated the people to invest in Amit’s firms. Sources said Pankaj and Hemant themselves had purchased more than 200 Bitcoins from Amit. Pune police damage database servers of three firms.