# ED chargesheets EaseMyTrip co-founder Nishant Pitti in Mahadev betting case

2026-09-22T10:36:19+00:00 | Governance | Indian Opinion Desk

Corroboration: 3 independent outlets

The Enforcement Directorate (ED) has named EaseMyTrip co-founder Nishant Pitti as an accused in its fifth supplementary chargesheet in the Mahadev online betting app money laundering case. The agency alleges Pitti helped route illegal betting proceeds from Skyexchange into the Indian equity market disguised as foreign portfolio investments and manipulated Easy Trip Planners' share price. The ED has provisionally attached shares worth Rs 59.60 crore held in Pitti's demat account and sought court permission to confiscate them as proceeds of crime. The chargesheet, filed before a special PMLA court in Raipur on September 10, names 42 individuals and companies. Pitti said he was unaware of any chargesheet and had not been summoned, adding he would contest the allegations in court and submit evidence of his bona fide conduct. Easy Trip Planners said it had not received formal intimation of legal proceedings. The ED earlier searched Pitti's premises in April 2025 and questioned him three times.

## Indian Opinion Analysis

All three outlets report the ED allegations and Pitti's denial without independent comment, making this a straight agency-led story. Indiatoday.in and Livemint lead with the stock manipulation allegation and the Rs 59.60 crore attachment, while Inc42 foregrounds the chargesheet filing date and Pitti's denial. The uniform framing is neutral-report. The key fact to watch is the court's decision on the ED's confiscation request and whether Pitti's legal response changes the narrative around the larger Mahadev investigation.

## Coverage

- indiatoday.in (neutral report) <https://www.indiatoday.in/india/story/mahadev-betting-case-ed-names-easemytrip-nishant-pitti-attaches-shares-3000103-2026-09-22?utm_source=rss>
  Leads with ED allegations, quotes Pitti denial, no independent editorialising
- inc42.com (neutral report) <https://inc42.com/buzz/ed-chargesheets-easemytrip-cofounder-nishant-pitti-in-mahadev-betting-case/>
  Leads with chargesheet date and Pitti denial, factual summary
- livemint.com (neutral report) <https://www.livemint.com/news/india/mahadev-betting-case-ed-chargesheets-easemytrip-co-founder-nishant-pitti-shares-worth-59-6-crore-frozen-11790079702019.html>
  Leads with ED allegations and share attachment, quotes Pitti denial verbatim

Tags: EaseMyTrip, Enforcement Directorate, Mahadev betting app, Nishant Pitti, Raipur, Skyexchange
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