More importantly, if development seized with no public comment, that would be one thing and may strengthen the "he got arrested" theory. However, there was some final communication, specific recommendations to rely on Bitlocker of all things, a new version of Truecrypt was released solely for decrypting existing disks and then the web page was removed, including a flag set on robots.txt to ensure it wouldn't appear on archive.org. All this concurrent to a crowd funded source code audit that, in the end, did not find any server issues or backdoors (I recall some speculation back in the day, that either known code quality issues or an intentional backdoor could have caused the exodus).
That all makes it hard to link this to an arrest of the main developer, though I dislike speculation without any hard evidence and if there is no new information, I'll keep this filed under "there is no answer".
I think he was trying to scream “Run!” without actually screaming “run”.
Yikes