City-based MBS Jewellers' promoter Sukesh Gupta and a senior official of the Mineral and Metal Trading Corporation (MMTC) K Ravi Prasad were arrested for alleged irregularities in gold imports and default of payment, worth over Rs 200 crore totally, the senior CBI official said.
They were arrested after irregularities in gold imports during 2010-11 were detected, besides an alleged payment default by Sukesh Gupta to the state-owned MMTC.
"We will produce them in the court today," the official told PTI, adding that they had filed an FIR in the case last year, based on a complaint by the MMTC.