The vehicle, alleged to be involved in the accident, was seized and the accused driver arrested, said a senior police officer.
According to police, the accident happened yesterday around 5 PM near Moti Bagh chowk when the driver, who works with a Mercedes car showroom owner in Noida, was taking the vehicle from the company's godown in Bijwasan to Noida.
After handing over the vehicle to the owner, the driver had gone to his village Shanda as he was scared, said the officer.
The accused driver was arrested from his home today.
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Yesterday, around 5 PM, 50-year-old Dasrath Yadav was hit by a Mercedes car near Moti Bagh chowk, and had to hospitalisd.
The accused driver had been working with the dealer for a year.
His work is to ferry the new cars from the godown to the showroom.
Police has also seized the car from the Noida showroom where it was kept on display.