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<h1>Businessman Arrested in Rs 122 Crore Scam at New India Cooperative Bank; Seventh Arrest in Ongoing Investigation.</h1> Mumbai police have arrested a businessman in connection with a Rs 122 crore scam at New India Cooperative Bank, marking the seventh arrest in the case. The Economic Offences Wing found that the businessman received Rs 18 crore through another accused involved in the scam. Investigations revealed that significant funds were siphoned from the bank by several individuals, including a former general manager and a father-son duo. The bank's former chairman and vice-chairperson, who fled abroad, are also wanted. Authorities continue to investigate further financial transactions and anticipate more arrests as the probe continues.