Vasai Industrialist Shooting Case: Police Arrest 7; Chairman Allegedly Plotted MDs Murder To Avoid Repaying

Police arrested seven people, including GSM Foils Chairman Sagar Bhanushali, for the attempted murder of MD Mohansingh Parmar.

The alleged motive was to avoid repaying Rs 32 crore borrowed from Parmar and gain sole control of GSM Foils.

The attack occurred on July 24 at Diamond Industrial Estate in Vasai (East); Parmar was shot in the shoulder after the pistol jammed.

Arrests were made in Uttar Pradesh with the help of the UP STF, including shooters Sujeet Pandey and Manoj Thathera.

Bhanushali allegedly hired contract killers for Rs 30 lakh, with a Rs 5 lakh advance.