NEW DELHI: Rapido has denied any involvement in an Enforcement Directorate (ED) investigation into a Rs 331-crore money deposit trail linked to a bike taxi driver account.According to ED officials, the account received Rs 331.36 crore between August 2024 and April 2025, in what they described as a classic case of a “mule” account used to channel illicit funds.“The individual mentioned is one of the two crore registered captains associated with us for bike taxi services. As with many workers in the gig economy, he may be associated with multiple platforms. Rapido has no role or involvement in the matter under investigation. The alleged actions are personal to the individual,” a Rapido spokesperson said.“The company does not endorse or tolerate any such behaviour and remains committed to maintaining the highest standards of transparency, integrity, and compliance with the law.”The ED stumbled upon the driver while investigating the 1xbet online betting-linked money-laundering case. Alarmed by the unusually large transactions, officials conducted a raid at his modest Delhi residence.Investigators noted that more than Rs 1 crore of the deposits had allegedly been used to fund a “grand destination wedding” at a luxury hotel in Udaipur, Rajasthan, reportedly linked to a young politician from Gujarat. The driver reportedly told the ED he knew nothing about the transactions or the wedding parties involved.The account had received “large” deposits from multiple unidentified sources, which were “swiftly” rerouted to other suspicious accounts. Some funds are linked to illegal betting, officials said.The ED is now tracing the sources and destinations of the transactions. The agency had earlier attached assets worth crores belonging to cricketers Shikhar Dhawan and Suresh Raina while questioning other celebrities as part of the 1xbet probe.