Goa, Dec. 20 -- After remaining absconding for over a decade, the Central Bureau of Investigation (CBI) has arrested a proclaimed offender wanted in a high-profile bank fraud case from Goa, where he had been living under a false identity and had entered the nightlife business.

The accused, who had been on the run since 2013, was traced to Bambolim, where he had quietly settled after assuming a new name. Investigators revealed that during his years in hiding, he allegedly changed his PAN card, Aadhaar and passport, successfully evading law enforcement agencies for several years.

CBI officials said the accused had also become a partner in a prominent nightclub in the Baga-Calangute belt, blending into Goa's nightlife scene while remaining...