The Enforcement Directorate has arrested Mumbai-based lawyer Rashesh Bharatkumar Upadhyay, also known as Rashesh Shah, in connection with an alleged Rs 30,000 crore cyber fraud and money-laundering racket. The case, being handled by the ED Panaji zonal office, involves around 300 complainants spread across 20 states and Union Territories, and the arrest is the seventh in the matter. Upadhyay was taken into custody for his alleged role in “unfreezing” fraud accounts linked to the wider scam, according to the ED action. The broader operation has been described as a cyber fraud and money-laundering racket running across multiple locations. He remains under ED custody as investigators continue to pursue the alleged network behind the scheme.