Action is finally being taken in the multi-crore National Spot Exchange Limited (NSEL) scam, with the arrest of Amit Mukherjee, vice president of business development for NSEL on Wednesday.

Mukherjee, who came after the summons was sent to him, was held in connection with the scam worth Rs 5,600 crore. He was in charge of bringing in new investors and commodities at the spot exchange. The police said Mukherjee got huge kickbacks from the companies on the exchange.