The Enforcement Directorate (ED) on Saturday arrested Madhukar G Angur, ex-chancellor of Alliance University, in a money laundering case for misappropriating the university funds to the tune of Rs 107 crore. Four FIRs registered against Angur, Priyanka BS and Ravi Kumar, an investigation has been initiated by the ED based on FIRs.Thus amounts to the tune of Rs 107 crore was allegedly swindled by the accused in the name of tuition fees, hostel fees and so on.