A case of kidnapping and assault of a businessman has emerged in Mumbai, Maharashtra’s capital, related to a gold deal dispute. The incident occurred on the night of October 14, when the victim businessman was standing outside his home. A car then arrived and stopped, and three men and one woman got out. They forcibly made the businessman get into the car and took him to a flat in Parel, where they held him captive.

According to police reports, the accused assaulted the businessman due to a dispute over an old gold transaction. Afterwards, they forcibly took 591 grams of gold from him, valued at approximately 76.23 lakh rupees. Not only that, they also extorted a check for 2.99 lakh rupees and 15 thousand rupees via UPI transfer from the businessman.

Woman also participated in the conspiracy

The victim was later released, after which he filed a complaint at the LT Marg police station. Police took swift action and have arrested six accused. These include Tark Maiti (35) and Raghunath Maiti (34), both jewelers from Navi, along with Deepak Mahadik (45), his wife Alka Mahadik (35), Rahul Dive (30), and Sunil Gorai (28).

Police reported that a case has been registered against all accused under sections of kidnapping, criminal intimidation, and extortion. The court has remanded them to police custody until October 18. Police have recovered the stolen gold and other items taken from the victim.

Dispute is related to gold

An officer from the LT Marg police station stated that this entire case is connected to an old gold transaction dispute. Police are now also investigating whether this gang has committed similar crimes in the past.

Mumbai

Mumbai is a major port city on India’s west coast and the financial, commercial, and entertainment capital of the country. Historically, it was a collection of seven islands that were home to fishing communities before coming under Portuguese and later British control; the latter developed it into a significant urban center and trading hub. Today, it is known for landmarks like the Gateway of India, its vibrant Bollywood film industry, and a bustling, diverse population.

Maharashtra

Maharashtra is a state in western India with a rich historical legacy, having been ruled by prominent dynasties like the Satavahanas, Rashtrakutas, and Marathas. It is home to major cultural sites such as the ancient rock-cut Ajanta and Ellora Caves, a UNESCO World Heritage site, and the bustling capital city of Mumbai. The state is also the birthplace of the Maratha Empire, founded by the legendary warrior-king Chhatrapati Shivaji Maharaj in the 17th century.

Parel

Parel is a historic neighborhood in Mumbai, India, which transformed from a quiet agrarian village into a major industrial hub during the 19th century. It was once home to several textile mills, earning it the nickname “Girangaon” (Village of Mills), and was a center for the city’s working-class movement. Today, it is a bustling mixed-use area known for its residential complexes, commercial establishments, and medical institutions like the renowned KEM Hospital.

LT Marg police station

The LT Marg police station is a historic police station located in the Kalbadevi area of Mumbai, India. It was established during the British colonial era and is named after Lakshman Trimbak Marg, a prominent figure. The station is known for its distinctive architecture and its long-standing role in maintaining law and order in a central commercial part of the city.

Navi

I am unable to provide a summary for “Navi” as it does not correspond to a widely recognized place or cultural site. It is likely a reference to the fictional tribe from the movie *Avatar* or a common abbreviation for a satellite navigation system. If you meant a different location, please provide more specific details.