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of <h1>Businessman's Son Arrested in Rs 122 Crore Embezzlement Case; Fourth Arrest in Bank Fraud Investigation</h1> The Mumbai police's economic offences wing (EOW) has arrested the son of a businessman implicated in a Rs 122 crore embezzlement case at New India Cooperative Bank. The son allegedly assisted his father, who is absconding, in fleeing. This marks the fourth arrest in the case, following the detention of the bank's former general manager and a real estate developer. The investigation revealed that the ex-general manager allegedly provided Rs 50 crore to the businessman, who deposited Rs 33 crore in private trusts. A lookout circular has been issued for the absconding businessman.
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