India, May 12 -- An official of actor-politician Vijay's party Tamilaga Vettri Kazhagam (TVK) has been arrested in connection with an alleged financial fraud case involving more than Rs.25 crore in Pudukkottai, police said on Monday.

The accused, identified as Saravanan, is a central district executive committee member of the party and belongs to the Thiruvappur area of Pudukkottai city. He was arrested by the District Crime Branch police following multiple complaints from investors who alleged that he had collected huge sums of money from them by promising high returns.

Saravanan had allegedly borrowed money from prominent individuals and private lenders in and around Pudukkottai over the past several years. Investigators told ANI that...