Devinder had fled the Kerala capital in a luxury car stolen from an NRI's residence in the city on January 21.
Based on information that Devinder fell into police net near Hosur on Karnataka-Tamil Nadu border last night, a police team left for Bangalore to initiate legal formalities securing his custody.
Though the reports in this regard had initially been corroborated by Kerala Home Minister Thiruvanchur Radhakrishnan, he later said the state was yet to receive an official communication from Karnataka about the arrest.
Wanted in connection with scores of cases across the country, Devinder gained entry to the NRI's house here by breaking its hitech security systems like surveillance camera and intruder warning alarm.