Naomi Watts

A billionaire Indian diamond traders, whose jewelry has been worn, taken by the likes of model Rosie Huntington-Whiteley and actress Priyanka Chopra-Jonas was in the UK.

Nirav modes is wanted for his alleged role in India's largest bank amounted to a total of approximately $2 billion (£1. 5 billion).

He left the country at the beginning of 2018, and has not returned to India since.

Mr modes, 48, was arrested in Central London on Tuesday and appeared in court on Wednesday.

the police said the arrest had been made, on behalf of the Indian authorities who have requested his extradition.

The Judge in the Westminster Magistrates Court denied him cancel and he has been remanded in custody, to 29. March.

Mr modes case, the thrust was back into the spotlight after a British newspaper found him living in a £8m ($10. 5m) flat in London.

at the beginning of March 2019. Mr modi is thought, - who disappeared in February 2018 - had according to reports in The British capital since at least June.

Within days, officials confirmed that the UK Home Secretary Sajid Javid certified India had to request the extradition, first of all, in August of last Year .

The arrest comes at an interesting time in India, where the people begin with the choice of your new members in the next few weeks. A successful delivery could be to increase the ruling BJP in the polls.

Punjab National Bank (PNB), India is the second largest state-owned bank, throwing Mr. modes as one of the main suspects in a fraud that cheated of $2 billion.

His uncle Mehul Choksi , was in Antigua, since the allegations surfaced, even by the Indian authorities.

will said The banks, that The Suspects had used non-approved guarantees issued by rogue-PNB-employees borrow from other lenders.

Mr modi has behaved so far denied any misconduct.

Mr modi is one of India's richest people with an estimated value of $1. 75 billion, according to Forbes.

He was born in a diamond trading dynasty, but only the start of his own eponymous brand in 2010.

The brand quickly grew, and soon he had stores in all over India, as well as in New York , London and Hong Kong

His diamond-encrusted designs were worn by stars like Kate Winslet , Rosie Huntington-Whiteley, Naomi Watts , while the Bollywood star Priyanka Chopra-Jonas appeared in the advertising for the brand.

The shops were raided and its assets frozen after the allegations surfaced last Year .

Source of news: bbc.com