A 43-year-old idli seller from Naigaon was arrested after being found in possession of 2 kg of whale vomit worth Rs 5 crore, reports from Mid-Day stated.
As per the report, the man wanted to use the money to pay off his debts.
According to the Aarey police, Shendu Raman Shrinivasan had taken a loan for his idli shop, which he was struggling to repay.
He recently came in contact with a man claiming to be a resident of Gujarat, who lured Shrinivasan into his business, promising huge profits.
Not long after that Shrinivasan made a deal with a man in Aarey Colony, who turned out to be a police informer, after which he was arrested.