Puri, Jun 24: In a major breakthrough, police have arrested 32‑year‑old Krishna Prasad Tripathy, popularly known as “Boss,” for his alleged involvement in a massive IPL betting racket.

Tripathy, who hails from Berhampur and owns a hotel named Namaste, had been operating the illegal betting empire while concealing his real identity.

According to police, Tripathy developed software and used the Sky Exchange betting platform to siphon off crores of rupees. During searches at his residence, officials seized ₹10 lakh in cash and froze ₹8 lakh in his Axis Bank account.

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Investigators are now examining his bank accounts, ATM transactions, and other assets to trace the full extent of his operations.

Police revealed that Tripathy had been running the racket for nearly two years, earning huge sums by facilitating bets on IPL matches. He was widely known in betting circles only by his alias “Boss,” which helped him maintain secrecy.

The arrest follows earlier action on April 29, when police detained four individuals linked to IPL betting in Puri. At that time, authorities seized ₹23.35 lakh in cash and froze assets worth ₹31.81 lakh.

The suspects were found betting near Mashani Chandi temple, and several fled the scene upon spotting police.

Those arrested included Prasanna Prusty of Markandeswar Sahi, B. Nageshwar Rao of Badashankha, Biswajit Lenka of Mashani Chandi, and Ramakant Sahu of Chandapur.

Police recovered ₹3.04 lakh in cash and six mobile phones from the spot, while a raid at Prusty’s house yielded ₹22.31 lakh.

Despite these arrests, the mastermind Tripathy had evaded capture until now. His arrest marks a significant success for Puri police, who have been tracking the racket’s operations for months.

Officials confirmed that further investigation is underway to uncover the full network and financial trail.