Indian Cricketers Hardik and Krunal Pandya’s stepbrother Vaibhav Pandya has been arrested by the Mumbai Police for cheating them of around INR 4.3 Crore.
Hardik’s Step Brother Vaibhav Pandya Arrested
Vaibhav Pandya has been allegedly diverted around INR 4.3 crore from the partnership firm, causing a loss to Hardik Pandya and Krunal Pandya. Hardik, Krunal, and Vaibhav set up a business in 2021 and as per the agreement, the two cricketers will share 40 percent share from profits while Vaibhav will 20% shares from profit.
However, Vaibhav Pandya instead of sharing the profit formed a separate entity and diverted the funds from the former business entity.
According to officials from EOW of Mumbai Police, Vaibhav was charged with cheating and forgery.
It has also been mentioned that the arrest was initiated after Hardik Pandya filed a complaint against his stepbrother. Hardik Pandya has been in the news since his Mumbai Captaincy stint.
He replaced five-time champions skipper Rohit Sharma and was announced as the new MI captain ahead of the IPL 2024.
Under Hardik’s Captaincy, Mumbai Indians lost the first three matches of the IPL 2024 campaign and secured victory against Delhi Capitals in their fourth match.
They are currently placed in the 8th position of the IPL 2024 points table. After securing victory in the match against Delhi, Hardik said, “It was a lot of hard work.”
“We cleared a lot of minds, made sure our plans were right, the intent was right, and today was one of the days where everything clicked. There has been a lot of love and care going around. Everyone knows we lost three games, but the belief and attitude of backing each other was there, which has been fantastic. We needed just one win, and today is just the start,” concluded Hardik Pandya.
Coming to the tournament, Mumbai Indians will be playing their next match against Royal Challengers Bangalore on April 11 at Wankhede Stadium.
