An Indian court has sentenced a former legislative assembly member of the Bharatiya Janata Party (BJP) to life in prison for his involvement in a high-profile bitcoin extortion plot. Nalin Kotadiya and thirteen other individuals were convicted for the 2018 kidnapping of a Surat businessman and extorting 200 bitcoins from him. Life Sentences in 2018 Extortion Case A local court in Ahmedabad delivered today’s verdict, concluding the high-profile case that dates back to 2018. Fourteen people, including former BJP legislative assembly member Nalin Kotadiya and ex-Indian Police Service officer Jagdish Patel, were found guilty and sentenced to life in prison. One individual was acquitted. Former BJP MLA Nalin Kotadiya, ex-IPS officer Jagdish Patel, and 12 others have been sentenced to life imprisonment in a 2018 bitcoin extortion and builder kidnapping case that involved police officers and high-profile conspirators.The City Sessions Court's ACB Special Court… pic.twitter.com/9qQPFVZEzn — IndiaToday (@IndiaToday) August 29, 2025 This landmark ruling concludes an extensive trial that exposed a corruption trail involving high-profile individuals in Gujarat. A Crime Unraveled The case began with the kidnapping of Shailesh Bhatt, a businessman and cryptocurrency trader from Surat. According to reports, individuals pretending to be from India’s Central Bureau of Investigation (CBI) lured him to a meeting in Gandhinagar. Instead, he was abducted from a gas station. A team of police officers using official government vehicles then took Bhatt to a farmhouse. The accused seized 200 Bitcoins, valued at approximately ₹12 crore at the time, and demanded a ransom of ₹32 crore. The investigation further revealed that Bhatt had previously stolen Bitcoins worth ₹150 crore from another Surat resident named Dhawal Mawani. Upon learning this, the accused—including Nalin Kotadiya—conspired to rob Bhatt. Unmasking the Conspirators Bhatt set off the investigation when he submitted a formal complaint to the Indian Criminal Investigation Department (CID). As the investigation deepened, the CID arrested ten police officers, including Anant Patel and Surat-based lawyer Ketan Patel. Their interrogations soon revealed the names of Jagdish Patel and Kotadiya. Kotadiya went into hiding, and a non-bailable warrant was issued before his eventual arrest. The scope of the conspiracy widened further with the involvement of a genuine CBI Inspector, Sunil Nair. Nair reportedly demanded a bribe from Bhatt and threatened to initiate an investigation against him. The court’s decision ultimately marked a major step against corruption and criminal activity involving police officials, politicians, and cryptocurrency. The post Former Indian Politician Convicted in Bitcoin Extortion Case appeared first on BeInCrypto.