India, March 14 -- The Chandigarh Police Crime Branch on Saturday arrested 52-year-old Vikram Wadhwa, the key conspirator in a Rs.590-crore fraud involving Haryana government departments and Rs.190-crore financial irregularities linked to the UT Municipal Corporation (MC) and CREST.

Wadhwa, a prominent hotelier and real estate developer who had been evading arrest since the scam surfaced on February 22, 2026, was intercepted at a hideout in Kharar, Mohali. A team led by crime branch inspector Satwinder Singh apprehended him after tracking his movements across the tricity.

Wadhwa, originally from Malout, moved to Chandigarh in the 1990s as a guest house caretaker on a Rs.1,500 salary before building a real estate empire. Police will prod...