The Times of India

Rs 32 crore, boardroom feud, contract killers: How chairman plotted managing directors murder

A financial dispute over thirty-two crore rupees allegedly led to a murder conspiracy. GSM Foils chairman Sagar Bhanusali is accused of hiring contract killers to eliminate his partner. He allegedly failed to repay the large sum owed after selling his company stake. Financial losses in stock markets reportedly pushed the chairman into debt. Police arrested seven individuals, including the alleged shooter, in connection with the plot.