Businessman Shanker Agarwal has been arrested by police.
A team from the Central Investigation Bureau (CIB) arrested Agrawal.
Senior Superintendent of Police Anupam Shumsher Rana said that Agrawal was arrested on the charge of misusing loan.
A case against Agrawal has already been filed at the Patan High Court.
Police arrested him in connection with a case involving his son, Sulav Agrawal, and Deepak Bhatta, among others.
He was also presented before the court on Wednesday.