Kathmandu, April 5 -- Police have detained Sulav Agrawal, a vice-chair of Nepal's Shanker Group, in connection with a widening money laundering investigation, marking another major escalation in a probe that is pulling one of the country's oldest business conglomerates deeper into scrutiny.

The arrest, confirmed by the Department of Money Laundering Investigation, comes as authorities intensify their probe into financial transactions linked to the group and its associates. Officials have not disclosed where Agrawal was taken into custody.

Agrawal, who heads Jagdamba Holdings under the Shanker Group, is now among several individuals under investigation as authorities examine alleged irregularities tied to business operations and investme...