India, March 15 -- The Chandigarh Police Crime Branch on Saturday arrested the alleged key conspirator in a Rs.590-crore fraud linked to IDFC First Bank that involved funds from several Haryana government departments, along with a separate Rs.190-crore financial irregularity connected to the Chandigarh Municipal Corporation and the Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST), officers aware of the development said.

The accused, hotelier and real-estate developer Vikram Wadhwa (52), had been evading arrest since the scam surfaced on February 22, 2026. He was arrested from a hideout in Kharar, Mohali district.

According to Haryana State Vigilance and Anti-Corruption Bureau, around Rs.590 crore was siph...