Mumbai, March 26: Former BCCI chief Jagmohan Dalmiya was on wednesday arrested on charges of misapropriation of over Rs 2.90 crore of the cricket body's funds, but was immediately released on bail of Rs 25,000.

Dalmiya was granted bail as per the provisions of a High Court order which granted him anticipatory bail over two years ago, his laywer Satish Maneshinde said.

His secretary K M Chaudhury was also arrested and subsequently released on bail on wednesday while a third accused, one Gautam Dutta, was earlier arrested and released on bail.

Dalmiya, who arrived at the Economic Offence Wing of the city police along with his lawyer, left for the Esplanade Court after being released on bail.

The EOW, which is investigating the case, is going to file a chargesheet against Dalmiya, his secretary Chaudhury and Dutta at the Esplanade court.

Acting on a case filed by the BCCI in March 2006 after the Union Agriculture minister Sharad Pawar took over as head of the body, the EOW found that Dalmiya diverted funds from the legal fees towards other expenses, including payment for personal phone bills. - Agencies