Chandigarh, Aug. 5 -- Supposed to be in jail for the alleged diversion of funds to the tune of Rs.657-crore from the IDFC First Bank accounts of Haryana government and Chandigarh administration, businessman Vikram Wadhwa was found lounging in a hotel in Sector 17, Chandigarh, on Tuesday.

The accused, along with four others, were arrested from the spot following a raid.

According to the information, Wadhwa, who is being held at the Model Jail in Sector 52, had complained of infection following which, he was taken to Government Multi Specialty Hospital in Sector 16 for treatment. From there, he allegedly lured the police officials accompanying him to allow him to visit Hotel City Hotel, Sector-17/C, owned by his relative. There, he allege...