The police in Maharashtra's Thane district have busted an IPL betting racket in Thane by conducting a raid at a hotel in Bhiwandi, and arrested three persons hailing from Chhattisgarh in this connection, an official said, reported news agency PTI.

The operation to nab the accused of IPL betting racket in Thane was conducted jointly by the officials of the Special Task Force and the Anti-Extortion Cell of the Thane police's crime branch on April 25, Deputy Commissioner of Police Shivraj Patil said in a press conference on Friday evening.