Gurugram, June 29 (IANS) Gurugram police on Friday arrested Rammani Pandey, for trying to extort Rs 10 crore from the Indiabulls Housing Finance company threatening to malign its reputation.

The 58-year-old had threatened to cause loss to Indiabulls' share value by revealing damaging information against the company among investors.

During his interrogation it was revealed that Pandey and his son are lawyers.

--IANS ravi/in