In a statement, national police spokesperson Paul Nyathi said the suspect was arrested following investigations into a mining investment deal in which another foreign investor was allegedly defrauded of US$1.5 million. Police later identified the suspect as Singaporean businessman Mark Yong Khong Yoong. According to police, Yoong was arrested on 14 March 2026 at the Norton Tollgate while travelling in a black Lexus SUV with three other people.