Red Corner Notice (RCN) has been issued by Interpol against fugitive diamantaire Nirav Modi's brother Nehal Deepak Modi in connection with a money laundering case. It is alleged that Nehal had set up entities to launder money which was received by Niral Modi.

Forty-year-old Nehal was born in Belgium and is now under the scanner in connection with the case. Nehal is based out of New York City. Investigations revealed that he was director of now defunctFirestar Diamonds USA. He was also involved with the Ithaca Trust, an entity set up to fund and buy real estate for Nirav Modi after money received from LOUs were diverted into shell companies.

Nirav Modi is the prime accused in Rs 13,500- crore Punjab National Bank (PNB) fraud and money laundering case. He had fled the country in January last year before the scam came to light. He was, however, arrested by Scotland Yard and is in jail since then. His judicial custody ends on September 19. Cases against him are also going on in India. 

With ANI inputs