Panchkula, Oct. 24 -- The Enforcement Directorate (ED) has arrested Rajan Singh Katodiah, a partner in Chandigarh-based Sawan Jewellers, in connection with the alleged Rs.645-crore IDFC First Bank scam involving the embezzlement of funds belonging to various departments of the Haryana government and the Chandigarh administration.

The ED's Chandigarh zonal office-II arrested Katodiah after producing him before a special PMLA court on October 22. The court granted the agency four days of custody for further investigation.

According to the ED, Katodiah was the active managing partner of Sawan Jewellers, located in Sector 35-C inner market, and allegedly conspired with prime accused Ribhav Rishi and others to misappropriate government funds...