Bank default case: Vijay Mallya arrested in London by Scotland Yard

London : Liquor baron Vijay Mallya, wanted in India for defaulting on bank loans, has been arrested here, informed sources said on Tuesday.

Mallya was taken into custody by Scotland Yard and could be extradited to India, the sources said.

British authorities have informed the Central Bureau of Investigation (CBI) about the arrest, the sources said.