Dahiya was wanted by the EOW in three cases which were registered at its Mandir Marg Police Station.
"These cases were registered in connection of two projects launched by Vigneshwara Developers Pvt Ltd and its group companies at Manesar, Gurgaon and Sector-74, Gurgaon. Approximately 700 investors had invested in these projects.
"We had received complaints from nearly 350 investors who have been allegedly cheated to the tune of Rs 160 Crores by the directors of the accused company," said Deputy Commissioner of Police (EOW) Mangesh Kashyap.
Police had got specific information yesterday that Sunil Dahiya will be visiting Sunder Nagar in Delhi following which a trap was laid by a police team.
"As soon as he arrived at the spot in a chauffer driven BMW car, he was apprehended. We have recovered eight mobile phones, one I-pod, one laptop, various credit/debit cards and other documents from him and his car. The BMW Car in which accused was traveling has also been seized. Purchased in 2013, the car is registered in the name of Vigneshwara Developers Pvt Ltd," said Kashyap.