Goa, April 14 -- In a significant development, fugitive diamantaire Mehul Choksi has been arrested in Belgium following India's request for his extradition in connection with the infamous Rs.13,500-crore Punjab National Bank (PNB) loan fraud case. This arrest comes after media reports confirmed that Choksi had been residing in Antwerp with his wife, Preeti Choksi, after obtaining a Belgian residency card.

The arrest took place on Saturday, with Indian agencies-the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI)-actively pursuing his extradition after the Interpol Red Notice against him was "deleted." Choksi, the founder of Gitanjali Gems, had previously been living in Antigua and Barbuda before relocating to Be...