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Indian cop kidnaps man for $40 million ransom in Bitcoin

11:12 PM | 2 Feb, 2022
Indian cop kidnaps man for $40 million ransom in Bitcoin

NEW DELHI – A police constable accused of kidnapping a cryptocurrency trader for a ransom of $40 million in Bitcoin has been arrested in India.

Authorities on Wednesday said that seven accomplices of Constable Dilip Tukaram Khandare were also arrested during the raid.

Khandare had hatched a plan to kidnap 38-year-old Vinay Naik after learning that the Pune-based trader owned massive Bitcoin wallet.

He along with his accomplices abducted Naik on January 14 and demanded he transfer his entire digital currency holdings, worth $40 million, along with another 8,00,000 Indian rupees in cash, NDTV reported.

The kidnappers released the crypto trader the next day when they realised the police were on their tail, and the perpetrators were arrested on Tuesday.

Daily Pakistan Global Web Desk


Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76


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