Tanna was arrested on charges of cheating Pune-based builder Raju Punjabi to the tune of Rs 12 crore.
Tanna allegedly prepared a forged MoU related to a 23-hectare plot in Marunji village near Hinjewadi IT Park, originally owned by Aniruddha Deshpande, who is the managing director of City Corporation Ltd, and other partners.
Deshpande had lodged the complaint at Deccan police station against Tanna and his accomplices.
Mumbai Roundup: 9 incidents that took place this week
Photos: Ajay Devgn, Parineeti, Tabu at 'Golmaal Again' trailer launch
Photos: Dipika Pallikal Karthik oozes oomph in bikinis and sarees
Photos: Kareena Kapoor Khan's grand birthday bash
Photos: 'Dangal' girls Sanya Malhotra, Fatima Sana Shaikh's dinner outing