Ujjain: Indore crime branch police arrested an accused from Money Trade Center located Freeganj on Tuesday. According to police Rajat son of Vimalchand Vora, a resident of Tilaknagar extension was the director of Phoenix Township against whom an FIR was lodged under sections 420 and 467 for financial irregularities. On being tipped off crime branch police arrested him on Tuesday, according to sources a cash award of Rs 20000 was declared on his arrest.