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Nirav Modi (proper) is a jeweller to the celebrities together with Naomi Watts (left)
Nirav Modi, whose jewelry has been worn by Hollywood and Bollywood stars, is in search of political asylum in London following fraud allegations, the Financial Times has reported.
The Indian jeweller went lacking in February after allegations emerged of a $2bn fraud on the Punjab National Bank.
Indian police issued a warrant for his arrest.
The agency's Indian shops have been closed, and belongings have been seized together with bank accounts and luxurious vehicles.
Over the previous eight years Mr Modi has established an worldwide jewelry model with shops in London, New York and Hong Kong, promoting diamond encrusted necklaces and earrings.
Stars comparable to Kate Winslet, Rosie Huntington-Whiteley and Naomi Watts, have been seen sporting his merchandise. Bollywood star Priyanka Chopra advertises the model.
The success made him one of India's richest individuals, with a private wealth of $1.75bn, in accordance to Forbes.
Earlier this 12 months Punjab National Bank (PNB), India's second-largest state-run bank, alleged Mr Modi and his uncle Mehul Choksi had defrauded it of round $2.2bn.
The banks stated that they had used unapproved ensures, issued by rogue PNB employees, to borrow from different lenders.
Both Mr Modi and Mr Choksi have denied any wrongdoing.
The Financial Times stated that Mr Modi is now in London and in search of asylum from "political persecution". The report cites UK and Indian officers.
The Home Office stated it couldn't touch upon particular person instances.