Bhangale had created the fake mobile bill on a computer to show call records between Khadse and Dawood's residence in Pakistan, an official said.
"We arrested Bhangale today and he will be produced in court in some time," Sanjay Saxena, Joint Commissioner of Police (Crime) told PTI.
"Bhangale was arrested for allegedly making fake documents in connection with Khadse's alleged link with Dawood Ibrahim. He allegedly created the fake mobile bill on a computer to show call records between Khadse and Dawood's Karachi residence," he said.
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In the afternoon, Mumbai Metropolitan Magistrate's court remanded Bhangale in police custody till April 6.
Police told the court while seeking his custody that some other persons could have helped Bhangale, and further probe was necessary.
Though Bhangale said he had sought information about alleged calls from a Pakistani telephone company, the email which he relied on hadn't been sent to him directly, but had come though someone else, the police said.