New Delhi, April 14 -- Fugitive Indian businessman Mehul Choksi was arrested by Belgium's Law Enforcement authorities, acting on the request of the Central Bureau of Investigation (CBI), according to sources.

According to sources, Choksi was arrested in Belgium on Saturday after local authorities confirmed his presence in the country. Sources further stated that preparations were being made for his extradition to India.

However, Choksi is currently preparing for a legal battle. His defence team plans to move for bail, claiming that it will oppose his extradition.

The legal team states that Choksi has strong reasons to challenge the extradition request, citing his health condition, among other arguments.

The 65-year-old fugitive diamon...