He was arrested by Crime Intelligence Unit (CIU) from the jurisdiction of Rajgad Police Station in Pune district and will be produced before a court here on Friday, the official said.
Earlier, the CIU had arrested former chief operating officer (COO) of BARC Ramil Ramgarhia in the case, among others.
Mumbai police began the probe after the BARC, a rating agency, filed a complaint about rigging of TRP by some channels.
TRP, measured by recording viewership data at sample households, is crucial as it helps TV channels attract advertisers.
It was alleged that some of these households were being bribed to tune into certain channels to ramp up their TRP.