Seven arrested for robbing Rs 75 lakh cash from two employees of forex trader in Malad

“When the two reached Patel’s building with the bags, three men arrived at the scene on a two-wheeler. Two of them got down, and one of them took out a knife and threatened to kill Bhojane. The other robber punched Talwatkar. Later, they snatched the two bags and fled the spot on the motorcycle,” said a police officer.

Bhojane immediately called his employer and informed him about the incident. Patel’s partner in the forex exchange firm Dhaval Panchal (36) then approached Malad Police and filed a complaint.

Deputy commissioner of police (Zone-11) Ajay Bansal formed multiple police teams to look for the absconding accused.

Senior inspector Ravindra Adane and inspector Rajendra Panhale supervised these teams which worked on leads obtained through technical investigation and recently arrested seven accused from Lonavla, Pune, Nashik, Raigad, Jalna and Mumbai, the police said.

The cops have seized Rs 15 lakh cash and two bikes and a weapon used to commit the crime, a police officer said.