New Delhi: The Delhi Police on Friday arrested former Fortis Healthcare promoter Malvinder Singh for allegedly misappropriating funds of Religare Finvest Limited (RFL) and causing losses to the tune of Rs 2,397 crore, officials said.

Malvinder's brother Shivinder Mohan Singh, Sunil Godhwani (58), the former chairman and managing director of Religare Enterprises Limited (REL), Kavi Arora (48) and Anil Saxena, who occupied important positions in REL and RFL, were also arrested earlier by the Economic Offences Wing (EOW) of Delhi Police for allegedly diverting money and investing in other companies, they said.