Mumbai Police's Crime Branch has arrested Rajendra Narpatmal Lodha, a former director of Lodha Developers Limited, for his alleged involvement in a fraud worth Rs 85 crore, officials said on Wednesday.

Former Lodha Developers director arrested for ₹85 crore fraud, misusing official position, leading to police custody till September 23.

Rajendra Narpatmal Lodha, a former director of Lodha Developers Limited, was arrested for his alleged involvement in a fraud worth Rs 85 crore. The arrest was made from his Worli residence by the property cell of the Mumbai Police's Crime Branch. Lodha Developers confirmed the development in an official statement. 📰 Rajendra Narpatmal Lodha Arrested: Lodha Developers' Former Director Held in INR 85 Crore Fraud Case.