Businessman Navneet Kalra was arrested on Sunday night for allegedly black marketing and hoarding of oxygen concentrators amid the coronavirus pandemic raging across the country, Delhi Police officials said. 

More than 500 oxygen concentrators were seized over a week back from three restaurants owned by Kalra in the national capital. Since then, the businessman has been on the run. 

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The concentrators are crucial medical equipment used for COVID-19 patients and are in high demand amid the second wave of the pandemic.

On Friday, the Delhi High Court had declined to grant Kalra interim protection from arrest in the case. Kalra had moved the high court for anticipatory bail on May 13 late evening after a sessions court denied him the relief.

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During a recent raid, 524 oxygen concentrators were recovered from three restaurants owned by Kalra — Khan Chacha, Nega Ju and Town Hall. The case was subsequently transferred to the Delhi Police Crime Branch.

The police claimed that the concentrators were imported from China and were being sold at an exorbitant price of Rs 50,000 to 70,000 apiece as against its cost of Rs 16,000 to Rs 22,000.