Overview
- A 41-year-old Kalyan resident, Vinaykumar R. Singh, alleged that four men took him to Bandra, assaulted him, forced him to mortgage his flat and coerced transfers totaling ₹47.25 lakh, police said on Thursday.
- Kalyan/Thane police describe the accused as middlemen who took money from investors and placed shares through the complainant, blaming him for client losses said to span January 2024 to April 2026.
- An FIR was registered at Khadakpada police station and the four suspects have been booked under sections of the new Bharatiya Nyaya Sanhita for kidnapping, cheating, hurt and criminal intimidation, with additional charges under the IT Act.
- Investigators say the probe is ongoing and so far there is no public confirmation of arrests, recovered assets or forensic and financial findings tying specific clients to the transfers.
- The case raises unresolved questions about why investor money was routed through Singh and could prompt closer scrutiny of informal investment channels, middlemen roles and electronic transaction trails in similar stock-market disputes.