A Bangladeshi man implicated in a tax evasion case involving a Japanese promotion firm for the K-1 martial arts organization has been arrested in New York on suspicion of assault, sources said Friday.

The 32-year-old man, who was not identified, is suspected of having a hand in the destruction of evidence in the alleged tax evasion and is believed to have been released on bail, the sources said.

Japanese prosecutors appear to be aware of the development and are gathering information about the man. They are also considering filing an application with U.S. authorities for him to be handed over or for their assistance.