Mumbai, Mar 27 (TOI): The police have arrested a 50-year-old woman in connection with a Rs 16.9 crore cheating case in which the alleged kingpin is a former employee of the Reliance Group. The police said they recovered Rs 85 lakh from her Bhayandar home.

The latest arrest was of Mehbooba Moinuddin. The move followed the arrest of Mukesh Shah, a former director of Isha Buildtech and Isha Infratech, for siphoning off money meant for repair and rennovation of the Sea Wind building at Cuffe Parade owned by the Ambani family.

“We have arrested Mehbooba Moinuddin from her Bhayandar home and recovered money. She was in touch with Shah. We produced her before the court, which remanded her in police custody till March 29,” an officer said.

Moinuddin is believed to have come in touch with Shah a couple of years ago and told him that they were in love with each other in their past lives. Police sources said Moinuddin and Shah were in a relationship.

The crime surfaced when Shah abruptly stopped going to work last year. His family filed a missing person’s complaint with the police in October 2018. He had been working with the Reliance Group since 1998 and had become a director in two firms and was also signatory authority for several documents and for RTGS on behalf of the company. Shah also forged the signature of another employee to transfer money, said the police.