The Enforcement Directorate (ED)  has arrested a prominent jeweller in Hyderabad,  Sanjay Agarwal who is a managing partner of Ghanshayamdas Gems and Jewels,  in a Rs 67 crore loan fraud case, the financial crimes investigation agency said..

According to an ED post on twitter: "The agency has arrested Sanjay Agarwal, Managing Partner of Ghanshayamdas Gems and Jewels, under PMLA, 2002 on Friday in a loan fraud case in which SBI, Hyderabad, suffered a loss of Rs 67 crore."

The Court has remanded the accused to 15 days of judicial custody.  ED tweeted further.