Hi Saravanakumar Subramaniam,
Yes, it is possible to configure DragAndDrop operation between RadTreeView and ListBox. Please examine this demo showing a complex DND operations ( TreeView to GridView, TreeView To ListBox, ListBox to TreeView, ListBox to GridView and etc). Basically the DND logic is configured by handling the basic RadDragAndDropManager events. Please feel free to ask if you need further assistance.
All the best,
the Telerik team
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