Prashant, for whom a search was on, was taken into custody in the city and being interrogated by the Crime Branch-CID, police said, adding, he was believed to have headed the bookies' operations in the city.
Police were on the lookout for Prashant after the arrest of six bookies on Friday.
Meanwhile, CBCID has also moved a city court seeking custody of four of the arrested bookies, remanded to judicial custody and lodged in Puzhal Central Prison, for further investigation, police said.
Later, police arrested six more bookies from Coimbatore and Tirupur.
Police had said the suspected mastermind behind the racket was operating from Delhi.