After three days of grilling, CBI arrested 39-year-old Jagan charging him under Sections 120-B (criminal conspiracy), 420 (cheating), 409 (criminal breach of trust) and 477A (falsification of accounts) of the Indian Penal Code and Section 13 of the Prevention of Corruption Act.
Amid high drama outside the Dilkusha guest house, where Jagan was questioned for nearly nine hours today, his mother, Y S Vijaya, and supporters staged a dharna shortly after he was taken into CBI custody.
"CBI arrested him at 7.15 PM," CBI spokesperson said.
"I will fight this battle legally in the courts and I am confident of a positive outcome," said Jagan after his arrest.
The rebel Congress MP said he will "not bow down" to the "political games" being played by vested interests in Congress and the Telegu Desam Party.
Anticipating an emotional outpouring by his supporters, Jagan asked his party leaders like Vasi Reddy to communicate a special message to the cadre to maintain peace and remain calm at all costs.
"This is the need of the hour especially in view of the upcoming bypolls" he said.(MORE)