New Delhi:  Fugitive billionaire jeweller Nirav Modi, the main accused the Rs 13,000 crore Punjab National Bank or PNB scam, was arrested in London on Tuesday and is being produced before a court today where he will be formally charged and is expected to seek bail. The arrest comes a week after London Westminster Court issued an arrest warrant against him in response to a request by the Enforcement Directorate for his extradition in a money laundering case. The case will follow a similar procedure as that of liquor baron Vijay Mallya, who also fled India two years ago just as banks were trying to recover unpaid loans from him.