Line is cleared for the arrest of the fugitive diamantaire Nirav Modi. According to reports, China has said that Hong Kong can consider India's request to arrest the PNB fraud accused, based on local laws. Nirav modi absconded from India on January 7 and was moving from country to country since then, to escape from police. With the positive consent of China, the arrest of diamond merchant who defrauded the Punjab National Bank of over Rs 13,000 crore became a matter of time. CBI court has issued Non bailable warrant to Nirav Modi & his uncle Mehul Choksi in this case.