The three-member team is headed by Lalkothi SHO Sampat Singh, officials said.
Bitty, son of former Odisha DGP BB Mohanty, was working as a probationary officer in a public sector bank here by impersonating as a person from Andhra Pradesh.
After jumping bail in 2006 , Bitti obtained an MBA degree and managed to get into the bank.
He was picked up by Kerala police last night from Pazhayangadi near Kannur district.