A steel merchant from Matunga, missing since Friday, was found dead on the shores of Malabar Hill on Saturday afternoon. He is identified as Hiten Dedhia, 39. According to cops, he may have committed suicide due to financial losses. Dedhia is survived by his wife, two kids, his brother and his family. In the steel business from the last 12 years, he was facing certain financial constraints in the last few months.

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