New Delhi, Aug. 11 -- The Enforcement Directorate (ED) on Tuesday said it has arrested Subhash Chandra Bijnoriya in connection with a money laundering investigation related to the Nexa Evergreen fraud wherein Rs 2,676 crore was collected from a large number of investors.

Subhash Chandra Bijnoriya alias Subhash Chandra Bijarnia, one of the principal architects and operators of the Nexa Evergreen Group, was arrested under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002, in the case wherein Rs 2,676 crore was collected from a large number of investors by Ranveer Bijarniya and Subhash Chandra Bijnoriya along with their associates.

Subhash was arrested on August 10. He was produced before the Special PMLA court, Jaipur, whi...