In a latest development in the Nirav Modi Punjab National Bank scam, CBI has revealed that the celebrity jeweller is presently put up in an apartment in New York’s Manhattan.

According to sources, accused Modi is staying in a suite in JW MArriot’s Essex House which is a short walk away from his Luxe Madison Avenue Jewellery retail store.

Earlier on Thursday, the Centre said that Nirav’s passport would be revoked and no one no matter how big would be spared.

Punjab National Bank is probably witnessing one of the biggest scams in banking history, opening a can of worms worth Rs. 11,300 crores in the the banking sector.

The state-run Bank, on wednesday, said it had detected some unauthorised and fraudulent transactions worth 11,300 crores at one of its branches in mumbai.

Meanwhile, Punjab National Bank Managing Director, Sunil Mehta, bank authorities came forward and said that the scam first started in 2011. However, authorities mentioned that it was a standalone incident in a single branch.