Hitesh and nine others, including Jaya, were arrested and were tried under the stringent act of Maharashtra Control of Organised Crime Act and subsequently convicted.
Rattan Khatri, known as the Matka King, from the early 1960s to mid-1990s controlled a nationwide illegal gambling network with international connections which involved several lakh punters and dealt with crores of rupess.
He used to operate from the compound of his building Vinod Mahal, in Worli..
In 1961, the New York Cotton Exchange stopped the practice, which caused the punters to look for alternative ways to keep the matka business alive.
Rattan Khatri introduced the idea of declaring opening and closing rates of imaginary products.
The character of Prem Nath who enacted the title role in Bollywood filmmaker Feroz Khan's film Dharmatma was based on Rattan Khatri who also provided the basic logistics for the script and dialogues written by Kaushal Bharati.
All The information Shown Here Is Sponsored And We Warn You That Satta Matka Gambling in Your Country May be Banned or Illegal..
Khatri's betting was considered more genuine as the cards were reportedly opened in the presence of the patron.