An official said that Saikia was picked up from his residence at Sarumataria in Guwahati. A case was registered against Saikia in 1998. CBI took over case in 2001.
Saikia has to appear before the special CBI court on November 9.
Saikia told mediapersons that he has settled the dues with bank and made public a letter of the bank claiming that there is no dues pending against him.