Business: The Enforcement Directorate (ED) has arrested Manoj Gaur, managing director (MD) of real estate company Jaypee Infratech Limited, in a money laundering case. The case pertains to alleged fraud with home buyers. Official sources said on Thursday that Gaur has been detained under the provisions of the Prevention of Money Laundering Act (PMLA).

He said the investigation pertains to alleged fraud with home buyers, in which the role of the company and its officials is being probed.