In a major development, businessman Nirav Modi has been traced in London, and the Central Bureau of Investigation (CBI) has sent an extradition request to the ministry of home affairs (MHA), which will send it to the ministry of external affairs (MEA). The MEA will then send it to the UK government. Modi has been booked in the over Rs 13,700-crore PNB scam in which CBI and ED have filed cases.

Modi, who is suspected to have left India in January 2018, travelled to many places and when a letters rogatory was issued by the special court on ED's request, it was issued to six different countries — Hong Kong, the USA, the UK, the UAE, South Africa and Singapore. A senior official of the CBI confirmed the development and said the MEA was informed by the UK government about the presence of Modi, based on which CBI has begun the extradition proceedings.