Kathmandu. Police have arrested a fugitive from Bhimsengola in Kathmandu being found guilty of banking offenses and sentenced to millions of rupees in fines and imprisonment. Ragun Khadka, 38, of Hetauda in Makwanpur and a resident of Kshetrapati in Kathmandu has been arrested after the High Court imposed a fine of Rs 3.6 million and imprisonment for seven days for the offenses under the Banking Offenses and Punishment Act 2064 BS.

He had given a check to the victim saying that the amount would be paid from the account of Mahalakshmi Development Bank of New Road. The court had imposed the fine and imprisonment last year on the ground that the check could not be paid due to the fraudulent handing over of the check to Jaherwala knowingly that there was not enough balance in the bank account.

He has been absconding since then. Bureau spokesperson Shyam Kumar Mahato informed that he was produced in the Kathmandu District Court today for execution of the verdict.