A billionaire diamond tycoon who is India’s most wanted man has been tracked down by The Telegraph to an £8 million apartment in London’s West End.

Nirav Modi fled India last year after becoming a suspect in the biggest banking fraud in the country’s history.

Modi, 48, a diamond jeweller whose designs have been worn by Hollywood stars, went on the run after being accused of defrauding £1.5 billion from a state-run bank.

An Interpol red notice was issued on the request of the Indian authorities in July for Modi’s arrest but he has continued to remain at large.

But The Telegraph has now tracked the jeweller down to a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block, with views across London. The rent for a property like this is understood to be about £17,000 a month.