The chief executive of medical device maker St. Jude Medical Inc. was arrested Wednesday in New Delhi after airport police found a single ammunition shell in his clothes, the company said Thursday.
CEO Daniel Starks was preparing to board a private flight from Indira Gandhi International airport on company business.
The company said in a statement that the "shell was inadvertently left in an item of his clothing." Starks is no longer in police custody, according to the company.
"Mr. Starks is respectful of the local process and has decided to remain in India until this misunderstanding is completely cleared up," a company spokeswoman said.
Starks is a sportsman and has a valid license to own a firearm in the U.S., according to the spokeswoman. He was not carrying a gun at the time of arrest.
St. Paul, Minn.-based St. Jude is one of the largest medical device manufacturers in the world with $5.2 billion in sales last year. The company specializes in heart-pacing implants like pacemakers and defibrillators. Its leading competitor is Minneapolis neighbor, Medtronic Inc.
Starks has been CEO and chairman of the board of directors since 2004.