El Chapo is a top drug lord in Mexico and has assets worth more than $1 billion.

Mexican authorities announced on Sunday that they had captured who they believed was the top man in the county’s largest drug cartel and a right hand of world’s most wanted criminal, Joaquin Guzman Loera, widely known as El Chapo. Initially, the real name of the man was not disclosed to the media. However, later on, authorities identified him as Felipe Cabrera Sarabia, nicknamed as “The Engineer”.

The Mexican authorities have not mentioned whether the capture of Cabrera means any leads to the gang’s leader, El Chapo, himself. However, many law enforcement agents think that El Chapo has been hiding in the mountains of Durango ever since he managed to escape from the prison inside a laundry truck. El Chapo is a top drug lord in Mexico and has assets worth more than $1 billion. Anyone who could provide useful information about his whereabouts would receive a bounty of $7 million, according to the Mexican police.

“The Engineer” was brought before the media wearing a bullet proof jacket, which has now become common practice of the law enforcement authorities whenever they are successful in capturing a major criminal. Chief Army spokesman Gen. Ricardo Trevilla said that Cabrera was head of the security of the drug cartel and ran all operations for Sinaloa drug cartel, which is supposedly one of Mexico’s biggest and most powerful.

In accordance with the Mexican law, Cabrera will be held for 40 days upon suspicion of participating in organized crime and drug trafficking before prosecutors bring formal charges before the judge. Cabera is also suspected of crimes that include kidnapping, extortion and arson. He has so far maintained silence saying only that his arrest “will affect the structure and leadership of the Sinaloa cartel."

Cabrera’s arrest is one of the most recent blows in the world of drug trafficking. In March 2011, Victor Manuel Felix, the father in law of one of the Guzman’s sons was caught with $500,000 in cash and more than half a ton of cocaine. El Chapo Guzman’s cartel controls trafficking on the Mexican border with California and in a few areas along the border of Arizona. He has become not only a billionaire by undertaking such illegal activities, but his rank among the world’s most powerful people has also raised to #55, though causing much controversy upon his inclusion.