CBI arrests PNB's ex-DGM, 2 others in Nirav Modi fraud case

The CBI has arrested Punjab National Bank's former Deputy Manager Gokulnath Shetty in relation to $1.77-billion Nirav Modi fraud case. Along with Shetty, PNB's Single Window Operator Manoj Kharat and Authorised Signatory of the Nirav Modi Group of Firms Hemant Bhat have also been arrested. The apprehended will be produced before a CBI special court in Mumbai.