In latest development regarding the murder of HDFC bank executive Siddharth Sanghavi, Mumbai Police addressed the media regarding the case. The body of a 39-year-old bank executive Siddharth Sanghavi, who went missing five days ago, was found and a person has been detained in connection with the death. A 20-year-old cab driver, Sarfaraz Shaikh alias Rais, a resident of Koparkhairane in Navi Mumbai along with our other people, including a woman, have been detained in connection with the case which appears to be a fallout of professional rivalry, police said.

Abhinash Kumar, DCP Zone 3 addressed the media and said, "The missing complaint was registered on September 5 and the car was found on September 6. The main accused in the case Sarfaraj Sheikh was working as fabrication worker in the same building for 3 years and was in need of money."