Chandigarh, May 27 (PTI) Police here have busted a betting racket and arrested four people allegedly involved in accepting online bets on IPL cricket matches. The accused were caught on Monday when they were placing bets during a T-20 match played between Punjab Kings and Mumbai Indians in Jaipur, police said Tuesday. Also Read | Jammu and Kashmir: Lightning Kills Over 100 Sheep and Goats in Rajouri. According to a Chandigarh Police release, it was a "pan-India betting racket" which was running from a rented house in Sector 33 here. The racket's financial transactions ran in multiple lakhs of rupees, police said. Also Read | Panchkula Mass Suicide: After Family of 7 Found Dead Inside a Locked Car, Dehradun Police Say Car Was Registered in Uttarakhand. The recoveries include 43 mobile phones, six laptops, two tablets, one LED screen, two WiFi routers and portable box and other gambling/betting articles, police said, adding that a case has been registered. Police said they had secret inputs after which further leads were developed and a raid was conducted. According to the release, on May 26, a team of Operations Cell received secret information regarding four-five persons running illegal gambling activity from a house in a residential locality in Chandigarh's Sector 33 after which a raid was conducted and arrests were made. During the course of investigation, it came to light that gambling/betting racket was being operated from a rented house. The payment method of betting was offline by cash through bookies. Some of their gang members/accomplices operated from Dubai, as per the release. Financial transactions and trails are being further investigated, it said. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)