Bhubaneswar, June 19: Chairman-cum-managing director of deposit collection company Seashore group Prashant Das was today arrested from Mumbai.

A team of the economic offences wing (EOW) of the crime branch had been tracking Das for the last seven days from Gujarat to Mumbai. They managed to nab him this evening in Mumbai.

Officials said that though he had secured anticipatory bail from Orissa High Court regarding a case registered with EOW in July last year and the police had challenged the matter in the Supreme Court.

Das was arrested today in connection with another case registered against him by a few residents of Semiliguda area in Koraput.

“We will bring him to Odisha tomorrow after producing Das in a local court there,” said a senior police officer.

Das and five other directors of the company had been booked by the EOW wing of the crime branch under several sections of Prize Chits and Money Circulation Schemes (Banning) Act, 1978, after a case was registered against them on July 18 last year following complaints against his firm for siphoning money worth more than Rs 500 crore from investors.

Orissa High Court provided him interim protection before granting him bail on October 17.

Five other directors had been granted anticipatory bail on September 4 last year. Later, EOW officials had moved the apex court against the high court’s decision.

In between, the crime branch had seized several movable and immovable properties of Seashore group and sealed several of its offices.

The officials said that they would interrogate Das to find out more information from him after he was brought here on remand.