Three individuals - Vinay Tambe, James Perenal and Shekar Jadhav, were arrested by the police in the northeast suburb of Mulund on February 11 when they attempted to make purchases using Shah Rukh's credit card at a mall there.

"The three persons, who are all unemployed, have claimed that they found the credit card lying on a road in suburban Santacruz a few days earlier and took it to the mall to buy some clothes," a senior police official at the Mulund police station.

It has been verified that the credit card belonged to the actor, the official said, adding they were presently investigating how the trio had found it.

The trio purchased clothes worth approximately Rs 25,000 and one of them produced the Bollywood star's credit card at the time of paying for the garments, he said.

The sales executive who saw the transaction slip in the actor's name realised something was wrong.