shot-button
Subscription Subscription
Home > Mumbai > Mumbai News > Article > Abductors beat builder for Rs 15 cr plot over Rs 135 L loan

Abductors beat builder for Rs 1.5-cr plot over Rs 13.5 L loan

Updated on: 15 April,2013 02:02 AM IST  | 
Shiva Devnath |

Four men abduct Goregaon developer after he borrowed money from a property dealer, threaten and assault him, ask him to pay Rs 60 L as deposit for the loan or give up land worth Rs 1.5 cr

Abductors beat builder for Rs 1.5-cr plot over Rs 13.5 L loan

A 50-year-old land developer and his employee were abducted by four men allegedly at the behest of a property dealer last week. The abductors asked the developer Sanjay Muchala for a ransom of Rs 60 lakh, as he had earlier taken a loan of Rs 13.5 lakh from the accused property dealer Deepak Bhatkar to buy a plot in Boisar. Bhatkar demanded that he either pay up or give up his land worth Rs 1.5 crore.


According to Muchala, he was on his way to Boisar from his Goregaon (East) residence on April 9 along with his employee Farooq Shaikh (20). The two were near Vasai when a Scorpio car intercepted them. “Four men got out of the car and began assaulting me. They then shoved us inside the car and drove towards Palghar,” Muchala said.



Sanjay Muchala


“They took me to an empty room in Boisar and beat me up, asking for Rs 60 lakh. I told them that I had taken only Rs 13.5 lakh from Deepak but they did not listen. Later that night, Deepak came to the room and assaulted me, asking me to pay up or give him the plot as security until I repay him,” Muchala said. “They took my cell phone, ATM card and money. The next day, they asked me to call my wife as the property papers had her name too.”

On April 10, when Muchala’s wife arrived near Boisar police station as per the kidnapper’s instructions, they were taken to an office near the police station and forced to sign property papers transferring the plot to Deepak. “When my wife refused to sign, they took me to the registrar’s office and made me sign the papers, threatening me that if I alerted the registrar they would kill my wife. They let us go after I signed the papers,” Muchala said.

Muchala approached the Valiv police and registered a complaint against Deepak Bhatkar and another person Sanjay Birje. “We have registered the case based on Muchala’s account and are looking for Deepak and Sanjay Birje,” said S Mohite, senior inspector of Valiv police station. u00a0

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK