500,000 Dollars for a Ghost – How Russia Fell for a Perfect Deception

byRainer Hofmann

January 2, 2026

Denis Kapustin is alive. And that is no minor detail, but a slap in the face for the Russian intelligence apparatus. Just days ago, agencies around the world reported his alleged death – hit by a Russian drone, taken out near the front, the target of a precision strike. Images circulated, obituaries were drafted, the name was checked off. But what has now become public is nothing less than a coup. Ukraine’s military intelligence service GUR has told the story itself – in a video showing Kyrylo Budanov, the head of the agency, personally congratulating Kapustin. “Welcome back,” he says. And he means it literally. Kapustin was never dead. He was part of a plan, prepared over weeks, executed with precision. The goal was to deceive Russian intelligence – and it worked.

Budanov greets Kapustin in a video with the words: “Congratulations on your return.”

According to GUR, Russian services had put up a 500,000 dollar bounty for Kapustin’s killing. Half a million to eliminate the leader of the Russian Volunteer Corps (RDK), which from Ukrainian territory has repeatedly carried out attacks on Russian soil. The operation to fake his death was carried out by a special unit under the command of a man known as “Timur.” With false trails, staged footage, and controlled leaks to Russian contacts. The result: the Russians believed everything, paid the money – and celebrated a success that never existed.

Even more decisive: according to the Ukrainian account, the staged operation made it possible to identify the sponsors and executors on the Russian side. It was not only a blow to the wallet, but a deep look into the opponent’s structures. The money, Budanov said, will now benefit Ukrainian special units. “They paid our people,” he said in essence, “and we thank them for it.”

What becomes visible here is a modern clash far beyond the battlefield. Deception, control, information flow – whoever thinks faster lives longer. And in this case, so does the man Russia had long believed to be dead.

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