In a home loan fraud case with public sector lender Union Bank of India, the Central Bureau of Investigation (CBI), Mumbai has arrested Parvez Dulha Khan in Pune.

Already two others have been arrested by CBI in the case whereby the culprits availed a home loan amounting to Rs 1.86 crore with the aid of forged documents.

The others arrested in the case are Amit Kadam and Amrit Oswal alias Rashmikant Kantilal Shah.

Khan was arrested by Deputy superintendent of police A K Chanda after it was hinted about his alleged involvement in the case.

Khan has not only duped Union Bank of India in such a case. In fact he has availed eight home loans from other banks like Jan Sahakari Bank and Axis Bank using different names.