21 September 2008 Evgeny Chichvarkin sold "Euroset" to Alexander Mamut, the owner of investment company ANN and internet portal "Live Journal".
In November 2008 Chichvarkin joined Right Cause, a Russian liberal democratic political party founded on 16 November 2008 as a merger of the Union of Right Forces, Civilian Power and the Democratic Party of Russia.
In September 2008 the headquarters of Yevroset were searched in connection with its handling of Andrey Vlaskin, a Yevroset employee who in 2003 stole mobile phones worth around 20 million Russian roubles (approximately US$1 million). Vlaskin was caught by Yevroset security in Tambov, moved to Moscow to a Yevroset-owned apartment and after some time agreed to compensate Yevroset for their losses. While between 2004 and 2007 Yevroset and Vlaskin apparently had no claims on each other, in 2008 Yevroset was accused of kidnapping, illegal imprisonment and extortion.
On 21 September 2008 Chichvarkin sold 100% of Yevroset stock to Alexander Mamut. The volume of the transaction was US$400 million.