Trouble for fugitive billionaire Mehul Choksi is set to rise as the Prime Minister of Antigua and Barbuda Gaston Browne has promised to extradite him to India, saying that he is a 'crook' and 'adds no value to his country'.

Investigative agencies are hoping that Nirav Modi will be extradited to India in a paced manner as they have provided the London authorities with all required documents. Sources told NDTV that their ongoing efforts to extradite another fugitive business magnate - Vijay Mallya - helped familiarise them with the European country's extradition procedure.

Nirav Modi, wanted in a 13,000 crores Punjab National Bank scam, has been sent to police custody till March 29. He was produced before the London court on Wednesday where he offered half-a-million pounds as bail bond but the judge turned it down.

PNB scam: The London Police has arrested fugitive diamond businessman Nirav Modi from a metro station in Westminster. Here is a look at 10 crucial things you must know about his involvement in the multi-crore Punjab National Bank.

PNB scam 2018: Fugitive Nirav Modi, who was found living in the United Kingdom, has been arrested by London Police; he will be produced before the Westminster Magistrate's Court shortly.

The United Kingdom has alleged that soon after reports of diamantaire Nirav Modi living in a swanky 8-million pound apartment in London’s West End, the British authorities sought information to come to India and initiate action against Nirav Modi but Indian government, which claims to be doing efforts in bringing him back, did not give any response.

Nirav Modi, fugitive businessman named in the multi-crore Punjab National Bank (PNB) scam, has been spotted in a £8 Million flat, reportedly indulging into a new diamond business.

Britain on Monday assured India to fully cooperate in the extradition process of fugitive diamantaire Nirav Modi and liquor barron Vijay Mallya who are accused in separate multi-crore bank loan defraud cases, Minister of State for Home Kiren Rijiju said.

A special CBI court here on Sunday issued non-bailable warrants (NBWs)against diamantaire Nirav Modi and his uncle Mehul Choksi in connection with Rs 13,500 crore Punjab National Bank (PNB) fraud.

The Congress on Tuesday said an RTI has revealed that frauds of Rs 19,317 crore have been reported in the country's finance capital Mumbai alone in the last three years and demanded a reply from Prime Minister Narendra Modi.