Flamboyant Kenyan businessman Jared Otieno has been arrested for allegedly defrauding foreigners in fake gold deals, local media reports say.
The head of the Directorate of Criminal Investigations (DCI) George Kinoti told privately-owned newspaper The Star that Mr Otieno had been arrested at his palatial home in a suburb of the capital, Nairobi, on Wednesday evening.
Luxury cars belonging to Mr Otieno were towed away, while police also seized computers and documents.
Neither the businessman nor his legal representatives have responded to the allegations levelled against Mr Otieno.
The story has been making headlines in the local press in Kenya.