The Central Bureau of Investigation (CBI) on Saturday arrested three accused in the multi-crore rupee fraud unearthed in the Punjab National Bank (PNB) recently.
Six more officials of the PNB have also come under the scanner, CBI sources confirmed.
According to CBI officers, retired deputy manager Gokulchand Shetty, suspended single window operator Manoj Kharat and Hemant Bhat, the authorised signatory of the Nirav Modi group, were picked up from different locations in Mumbai in the early hours and subsequently placed under arrest.
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“Shetty and Kharat, in their capacity as officials of the bank, issued Letters Of Undertaking without following the requisite procedures. Bhat was not originally named in the FIR. However, after his involvement was revealed we arrested him,” a CBI officer said.