India, April 14 -- Fugitive diamantaire Mehul Choksi has been arrested in Belgium on India's extradition request for his role in the PNB bank loan 'fraud' case, a development that comes weeks after media reports confirmed that the businessman is living in country's Antwerp with his wife, Preeti Choksi, after obtaining a 'residency card' in there.

Associated Times, a media outlet that focuses on the Caribbean region, had in March also reported that Indian authorities have requested the Belgian authorities to initiate his extradition to India.

The fugitive diamantaire, founder of Gitanjali Gems, is wanted in connection with the Punjab National Bank (PNB) fraud case and was granted residency in Belgium on November 15, 2023.

Mehul Choksi, ...