Mumbai: The CBI on Saturday arrested three persons, including former deputy manager of Punjab National Bank (PNB) Gokulnath Shetty, in connection to the Nirav Modi fraud case.
SWO Manoj Kharat and authorised signatory of the Nirav Modi Group of Firms Hemant Bhat were arrested along with Shetty. All three will be produced before the CBI special court in Mumbai today.
Shetty is a co-accused in the Rs 11,800 crore Punjab National Bank scam, in which jewellery designer Nirav Modi is the prime suspect after he and his associates embezzled Rs 280 crore from the bank.