Sleuths of the Anti-Corruption Bureau (ACB) on Tuesday recovered cash worth more than Rs 3.4 crore from the house of the Chief Executive Officer (CEO) of Mumbai's Aarey milk residential colony who, along with a security guard, has been arrested in a bribery case, an official said.

According to the official, a search by the ACB at the residence of the CEO, Nathu Vitthal Rathod, resulted in recovery of Rs 3,46,10,000 in cash. The search came a day after Rathod was arrested in a Rs 50,000 bribery case. On Monday, the ACB had caught Rathod (42), and a security guard at the colony, Arvind Tiwari, after the anti-graft agency laid a trap on receipt of a bribe complaint against them.