Bengaluru’s former civic corporator V. Nagaraj, wanted in a money-laundering case, was arrested after a hot chase at Arcot village in Tamil Nadu’s Vellore district, said Bengaluru police.
Nagaraj was absconding since Monday when Rs.14.8 crore in old currency was recovered from his residence. He was arrested by Bengaluru police from Thiruvannamalai in Vekllore district of Tamil Nadu, after a long chase. His two sons were also arrested, police said.
“The accused will be brought to the city on transit remand from Vellore and produced before a local court on Friday for our custody to interrogate them in the money-laundering case,” Bengaluru city’s Additional Commissioner of Police Hemant Nimbalkar told reporters.
They had been on the run since April 14 when their residence at Srirampura and seized banned currency notes worth Rs 14.8 crore. A local court on May 5 also rejected Nagaraj’s anticipatory bail application.
Nagaraj, 54, was a Corporator of the City Corporation from from 2002 to 2007.