Laxman Pandit alias Laxman Balyogi, wanted by Jharkhand police in connection with a fraud case, was nabbed from Badshahnagar crossing in Mahanagar police station area, STF sources said.
Pandit was accused of duping 60 farmers of Rs 22.5 lakh by floating a fake trust promising attractive returns in three years, they said, adding that 13 farmers had lodged complaint against him.
He was living in Badarpur area of Delhi, but used to frequent the state capital, they said.