The mastermind in a sensational case involving the theft of gold worth Rs 47.27 lakh and a firing incident in south Mumbai last year has been arrested from Neral in Raigad district of Maharashtra after almost a year-long manhunt, a police official said on Friday.

According to the police, the crime occurred on January 6 last year, when 36-year-old man, Chirag Dhandukiya, and his nephew were travelling on a scooter carrying gold jewellery worth Rs 47.27 lakh.