"Mohan Jaiswal was arrested from Jalpaiguri district in West Bengal by a team of Rajasthan Police. One lakh rupees were recovered from him," DCP (Jaipur-South) Josh Mohan said here.
Police had already recovered over Rs 86 lakh from Jaiswal's family members who were arrested Thursday from their hometown in West Bengal.
"The arrested driver told our team that the remaining cash is with his family members. We are checking whether he had deposited the money anywhere," the DCP said.
"The driver will be interrogated thoroughly once our team arrives here with him," he said.
Jaiswal, employed with a private security firm, had sped away with the van containing nearly Rs 1.11 crore, which were to be deposited in different ATMs, Monday.
The vehicle and around Rs 15 lakh were recovered the same day.
The driver was staying with his family in a rented accommodation at Ajmer road here and had left it soon after commission of the crime.
Published 15 January 2011, 13:17 IST