According to a Reuters report three executives at Satyam have been arrested for alleged involvement in the company’s recent accounting fraud.

The Central Bureau of Investigation (CBI), India’s main investigative agency, said in a statement that it had arrested the vice president, senior manager and assistant manager in the company's finance department on Sunday, but did not name the individuals.

"They have been arrested for their active role in perpetration and involvement in the crimes committed by the accused already arrested in this case," the CBI said.