Kathmandu. KATHMANDU: The Kathmandu Valley Crime Investigation Office of Nepal Police has arrested a fugitive accused on the charge of banking fraud of Rs 2.10 crore.

Acting on a complaint lodged by Sumit Kumar Khetan, the proprietor of SN Suppliers was arrested from Chandole of Kathmandu Metropolitan City-4, according to the office’s spokesperson, Superintendent of Police (SP) Kaji Kumar Acharya.

He is absconding after an arrest warrant was issued by the Jhapa District Court on a banking offense.

Acharya said that the Kathmandu Valley Crime Investigation Office has sent him to the District Police Office, Jhapa today itself for further investigation and necessary action. He has been accused of banking fraud worth Rs 17.2 million in Mahottari, Rs 800,000 in Dhanusha and Rs 30 lakh in Jhapa.