CBI said an arrangement was reached between Kumarah and Goyal under which he was to get Rs 25 lakh for his services and Rs 15 lakh for Acharya.

Kumarah allegedly purchased two high-end watches, Rolex and Omega brands, worth about Rs 7.75 lakh to be given to Acharya for his alleged favours, they said.

Meanwhile, the agency came to know about this deal and a trap was laid. Kumarah, who was coming out from the residence of Acharya after allegedly giving him watches, was nabbed by a waiting CBI team.