The Central Bureau Of Investigation, on Saturday, arrested Emaar Hills & Township CEO Vijaya Raghavan, in the Emaar-APIIC scam.
Vijaya Raghavan was taken into custody when he came to the Dilkusha Guest House after being summoned by the CBI. He was questioned for a few hours, and was then arrested.
He was later produced before the Special CBI Court, which sent him to judicial remand till 30 January. On the court's direction, he was later shifted to the Chanchalguda Central Prison.
Meanwile, the CBI has filed a petition before the court, seeking 15 days of custody of Raghavan for further interrogation.
The court is yet to hear the petition.
Officials of the probing agency claimed that Raghavan possesses crucial evidences in the Emaar scam.
The CBI had, earlier, arrested Koneru Prasad of Stylish Homes, and Sunil Reddy, a close aide of YSR Congress party president Jaganmohan Reddy, in the Emaar scam. (INN)