The Mumbai Police has confirmed the arrest of Vaibhav Pandya, the stepbrother of Indian cricketers Hardik and Krunal Pandya, for allegedly cheating them of around Rs 4 crore in their business partnership. According to the allegations, Vaibhav diverted company profits and raised his profit share illegally, causing a loss to the Pandya brothers. The incident took place in 2021 and has come to light amidst the ongoing Indian Premier League season where both brothers have key responsibilities.
Mumbai Police Arrest Hardik and Krunal Pandya's Stepbrother for Fraud
Background:
Hardik Pandya and Krunal Pandya are renowned Indian cricketers who play for the Mumbai Indians in the Indian Premier League (IPL). In August 2022, the Mumbai Police arrested their stepbrother, Vaibhav Pandya, on charges of cheating and financial misappropriation.
Allegations:
According to the allegations, Vaibhav was involved in a business partnership with the Pandya brothers in a real estate venture. He allegedly diverted company profits and inflated his profit share, resulting in a loss of approximately Rs 4 crore to Hardik and Krunal.
Investigation:
The incident allegedly occurred in 2021 and came to light during the ongoing IPL season. The Mumbai Police launched an investigation into the allegations and arrested Vaibhav after gathering evidence.
Arrests:
Vaibhav Pandya was arrested on charges of cheating, forgery, and criminal breach of trust. He was produced before a court and remanded to police custody.
Impact on IPL Teams:
The arrest of Vaibhav Pandya has raised concerns about the involvement of family members in the management of IPL teams. The Mumbai Indians, where Hardik and Krunal play, have not commented on the matter.
Top 5 FAQs and Answers:
Answer: Vaibhav Pandya is the stepbrother of Hardik and Krunal Pandya.
Answer: Vaibhav Pandya is accused of cheating and financial misappropriation in a business partnership with his stepbrothers.
Answer: The alleged loss to the Pandya brothers is approximately Rs 4 crore.
Answer: The incident allegedly occurred in 2021.
Answer: Vaibhav Pandya has been arrested and is in police custody. The investigation is ongoing.
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