In a major action against real estate fraud and financial crimes, the Enforcement Directorate (ED) on Wednesday arrested Amit Katyal, a prominent property developer known for his proximity to the family of RJD chief Lalu Prasad Yadav. The arrest has been made in connection with a money laundering probe tied to allegations of large-scale cheating of homebuyers in Gurugram.

Officials confirmed that Katyal was taken into custody by the ED’s Gurugram zonal office under provisions of the Prevention of Money Laundering Act (PMLA). Following his arrest, a special Gurugram court remanded him to six days of ED custody, allowing investigators to interrogate him regarding the alleged diversion of funds and financial irregularities.

The case centers on accusations that Katyal’s firm, Angle Infrastructure Pvt. Ltd, failed to deliver flats promised under the ambitious Krrish Florence Estate project in Sector 70. Spread across 14 acres, the premium housing project collected crores from homebuyers but reportedly stalled without completion, leaving hundreds of families in distress. The ED is examining suspected fund siphoning, layered transactions, and links between project finances and Katyal’s broader business network.