India, Sept. 10 -- Amit M Lakhanpal, a key accused in a Rs.113.10-crore crypto-based investment fraud case being probed by the Enforcement Directorate (ED) and the Maharashtra police, has been arrested in the United Arab Emirates (UAE) based on a pending Interpol Red Corner Notice issued against him. Agency sources said efforts were underway to seek his return to India via extradition.

The UAE authorities informed their Indian counterparts about Lakhanpal's arrest on September 1, said officials familiar with the case's developments. The ED investigation had revealed that Lakhanpal, along with a few other accomplices, had fled India by acquiring a passport of the Caribbean country Antigua and Barbuda, and was later traced to Dubai, UAE, w...