The Delhi Police arrested businessman Navneet Kalra on Sunday night for alleged black marketing and hoarding of oxygen concentrators amid the coronavirus pandemic, officials said.
The owner of the popular Khan Chacha restaurant in the posh Khan Market had been on the run for over a week since the seizure of more than 500 oxygen concentrators from three restaurants owned by him in the national capital.
The concentrators are a crucial medical equipment used for Covid-19 patients and are on high demand amid the second wave of the pandemic.
The police claimed that the concentrators were imported from China and were being sold at an exorbitant price of ₹50,000 to 70,000 a piece as against its cost of ₹16,000 to ₹22,000.