Volegov studied at the Lvov Institute of Printing Art where he graduated in 1986. Volegov then began his career in Moscow as a graphic artist working in the music-record, comics, and advertising industries. As a music-CD cover designer, Volegov's credits are cataloged in recordings by Russian artists including Alla Pugacheva, Philipp Kirkorov, Lyube, Valery Leontiev, Lyudmila Gurchenko, and Irina Allegrova, among others. Starting in 1986, Volegov meandered through western Europe as a street painter while nurturing afresh a distinct realistic style, often representing feminine beauty, maternity and childhood in romantic settings. Volegov's participation (2015) as an invited artist at the Anniversary Exhibition of the Waterhouse Gallery in Santa Barbara, California was favorably reviewed by American Art Collector magazine.
Volegov is also known for his miniature artistic dolls representing celebrities which have been exhibited at specialty fairs in Paris, New York and Barcelona among other cities.
Volegov is a prolific painting educator, having taught his art worldwide through personal tutoring, hands-on workshops and by producing videos demonstrating diverse aspects of his oil painting technique.