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Mumbai Police Arrest Five in Kidnapping of Share Trader Over Rs 10 Lakh Ransom Demand

Investigators say early questioning points to a dispute linked to alleged share-market investment funds.

Overview

  • The 42-year-old Mira Road resident was taken from a Bandra bar and confined at a house in Vile Parle before being rescued.
  • The victim’s wife alerted authorities and, working with Juhu police, helped trace shifting cash-drop directions across Irla, Andheri and Vile Parle.
  • Those arrested include Viju Manikam Swami alias Tammi Anna, his relatives Jaya, Suhas and Priyanshu Bagwe, and driver Prashant Bhausaheb Jadhav.
  • An FIR records that Rs 1.85 lakh, an iPhone and a watch worth Rs 35,000 were taken during the assault, with another report citing roughly Rs 2 lakh.
  • Khar police registered offences under multiple Bharatiya Nyaya Samhita sections, and the accused were produced in court and remanded to police custody.