Diamond World Managing Director Dilip Kumar Agarwala was arrested in Dhaka's Banani area on Monday evening in connection with a case filed by the Criminal Investigation Department, the Detective Branch said.

DB chief Shafiqul Islam told The Business Standard that Agarwala was detained around 6pm while in hiding and that the arrest followed a request from the CID. DMP Deputy Commissioner (Media) Md Aktar Hossain confirmed the arrest to The Daily Star and said a DB team picked him up in Banani.

The officials did not give details of the CID case. Agarwala was arrested before: on 3 September 2024, the then Rapid Action Battalion detained him over allegations of gold and diamond smuggling, fraud, forgery and money laundering, and raided Diamond World's Gulshan office that night.

He was later shown arrested in a murder case over the killing of Hridoy Ahmed, a teenager, in Badda during the July 2024 quota reform movement, and was questioned in custody. He was subsequently released on bail.

Diamond World is one of Bangladesh's best-known jewellery retailers. No further details about the CID case were immediately available.