Hardik Pandya’s stepbrother arrested for cheating him of Rs 4.3 Cr
First Published: 11th April, 2024 18:53 IST
Vaibhav has been sent to 5 days in police custody
Vaibhav Pandya, the lesser-known stepbrother of cricketers Hardik and Krunal Pandya has been arrested by Mumbai Police today for allegedly cheating the cricketers of around Rs 4.3 crore in business.
In 2021, Hardik, Krunal, and Vaibhav had set up a business. As per the agreement, the two cricketers will share 40 per cent each from profits while Vaibhav will get 20 per cent. However, Vaibhav started an entirely separate entity and transferred money from the firm into it rather than splitting the profits, reported NDTV.
Vaibhav allegedly diverted lakhs from the partnership firm’s account to his own, taking Rs 1 crore. Confronted by the cricketer, he allegedly threatened to tarnish his reputation, reported the Times of India.
A complaint was filed with the Mumbai Police in connection with the matter following which Vaibhav was arrested today. He was produced before a competent authority and was sent for 5 days in police custody, reported India Today.
Vaibhav has been charged with cheating and forgery, reported the Times of India.
Also Read: Pune Police busts fake share trading racket, 5 arrested
COMMENTS
TOPMOST STORY NOW
Live Who Was Agustin Escobar? Siemens Executive Who Died in Tragic Plane Crash
11th April 2025
Live 26/11 Attack: Assam CM Himanta Bsiwas Sarma Recalls the Night of Horror When He Was Booked at The Taj And How He Was Saved
11th April 2025
Live Assam CM Sarma Lauds Scrapping of Bangladesh Transhipment, Calls It a Big Boost for NE Security
11th April 2025
Live “Seeing Tahawwur Rana Back on Indian soil Renewed Confidence”: Assam CM Himanta Biswa Sarma
11th April 2025
WE RECOMMEND
Assam CM Sarma Lauds Scrapping of Bangladesh Transhipment, Calls It a Big Boost for NE Security
He also described the decision as a reflection of the government’s commitment to protect the country’s “strategic and economic priorities”.
11th April 2025
Inside ‘Operation Rana’ – A High-Stakes, Top-Secret Extradition Mission
To ensure Rana's safety--and prevent any self-harm--one NIA official reportedly held his hand throughout the journey
11th April 2025
Who is Tahawwur Rana, Key Accused in 26/11 Mumbai Attacks, Extradited from the US Today?
Tahawwur Rana's extradition was confirmed in February this year when US President Donald Trump announced he would be handed over to India.
10th April 2025
NIA arrests 26/11 Mumbai terror attacks accused Tahawwur Rana on arrival at Delhi airport
NIA had secured Tahawwur Rana's extradition following years of sustained and concerted efforts
10th April 2025
Will ensure judicial integrity: NDBA’s statement before Tahawwur Rana’s trial
Tahawwur Rana is being brought to India for trial after the US Supreme Court rejected his plea to stay his extradition, exhausting all judicial options.
10th April 2025