Guj bitcoin case: Rs 25 lakh recovered from former BJP MLA's aide

Cash worth Rs 25 lakh was on Monday recovered from former BJP MLA Nalin Kotadia's aide by Gujarat CID (crime) officials probing the case of alleged "looting" of 176 bitcoins worth over Rs 9 crore from a builder in apparent connivance with policemen, a senior officer said.

The recovery of the cash "clearly establishes" Kotadia's role in the case, he said.

The cash was recovered from one Nankubhai, a resident of Rajkot, said Deputy Inspector General of Police (DIG), CID, Crime, Deepankar Trivedi.

He said the cash was "delivered" to Nankubhai at the behest of Kotadia, who is yet to record his statement in the case.

"This recovery of cash is a hard evidence in the case.

With this, Nalin Kotadia's role is clearly established now. We are looking for him and we are confident that he will be arrested soon," Trivedi told reporters in Gandhinagar on Monday.

The DIG said that Kotadia has not presented himself before the CID for recording his statement despite two summons issued to him.

Kotadia had served as the MLA of Dhari in Amreli district during 2012 to 2017.