NEW DELHI: T Venkatram Reddy, chairman of Deccan Chronicle Holdings Ltd (DCHL) was arrested on Saturday on charges of assaulting and threatening a person.

Reddy was earlier arrested by the Central Bureau of Investigation for his alleged involvement in the Rs 357.77 crore fraud pertaining to Canara Bank.

DCP south Prem Nath confirmed the arrest.

"He is in police remand and being questioned. Further investigation is in progress," he added.

A senior officer of south district told TOI that they had received a complaint from a person named Munish Makkad who had done some investigations against him.

On April 29, Reddy along with his associates went to Munish's house in two cars and allegedly assaulted him. Munish has alleged that Reddy and associates also hit him with pistol butts.

An FIR was registered under sections of Arms Act, criminal tresspass, assault, wrongful restraint and threatening a witness among other sections of IPC.

The accused was arrested on Saturday and produced before a magistrate. The cops sought three days custody to interrogate him to establish the identity of his associates which the court granted.

As per the FIR in the Canara Bank case registered by the CBI in July 2013, during the period 2009-2011, the accused entered into a criminal conspiracy to cheat Canara Bank, Secunderabad Branch.