Avantha Group's Gautam Thapar arrested by ED in Yes Bank fraud case

ED has arrested Avantha Group's Founder Gautam Thapar in connection with a money laundering case after carrying out raids at multiple locations in Delhi and Mumbai, officials said. ED has been probing an alleged property transaction between Thapar's Avantha Realty, Yes Bank Co-founder Rana Kapoor and his wife. In June, CBI booked Thapar for an alleged ₹466-crore Yes Bank fraud.