Vasai Police Arrest 7 in Industrialist Shooting Case
7 arrested, including Chairman, for attempted murder. Alleged motive: avoiding ₹32 crore repayment.

A shocking incident has unfolded in Vasai, where the police have arrested seven individuals, including the alleged mastermind, Sagar Bhanushali, in connection with the attempted murder of Mohansingh Parmar, a 46-year-old businessman. The attack occurred on July 24 within the premises of Diamond Industrial Estate in the Navjeevan area of Vasai (East).
According to the police, Bhanushali, who serves as the Chairman of GSM Foils, had persuaded Parmar, the Managing Director (MD), to purchase his stake in the company, securing nearly ₹32 crore in the process. However, instead of repaying the amount, he allegedly plotted Parmar's murder, believing that Parmar's death would erase his financial liability and hand him sole control of the company.
The primary motive behind the alleged murder plot is believed to be financial, as Bhanushali had suffered massive financial losses and accumulated debts worth crores of rupees following a downturn in the US stock market triggered by the Iran-Israel conflict. GSM Foils manufactures blister foils and aluminium pharma foils for the pharmaceutical sector.
The attack took place when two masked assailants on a motorcycle intercepted Mohansingh Parmar and opened fire. The first bullet struck Parmar in the shoulder, and the shooter allegedly attempted to fire a second shot, but the pistol jammed. The attackers then struck Parmar with the butt of the gun before fleeing the scene.
Police investigations identified Bhanushali as the prime suspect, and a team from the Waliv Police, in coordination with the Uttar Pradesh Police's Special Task Force (STF), tracked him down and arrested him in Uttar Pradesh. Among those arrested are the two alleged shooters, Sujeet Pandey and Manoj Thathera, who had been absconding after the attack.
The accused have been identified as Sagar Girish Bhanushali, Vijaykumar Prajapati, Gokul Gautam, Anup Prajapati, and one more accused whose identity has not yet been disclosed. The police have also arrested five other accused in connection with the case.
The investigation is ongoing, and the police are working to uncover the full extent of the conspiracy. The attack has sent shockwaves through the business community in Vasai, and the police are working to ensure that justice is served.
The incident highlights the importance of addressing financial disputes and debts in a lawful and peaceful manner. The alleged attempt to murder Parmar to avoid repaying the debt is a disturbing trend that needs to be condemned and addressed.
In conclusion, the Vasai police have made significant progress in the case, and the arrest of the seven accused is a major breakthrough. The investigation will continue to uncover the truth behind the alleged murder plot, and the police will work to ensure that those responsible are brought to justice.
The case has also raised questions about the safety and security of businessmen in Vasai, and the police will need to take steps to prevent such incidents in the future. The community will be watching closely as the investigation unfolds, and the police will need to be transparent and accountable in their actions.
The incident is a reminder that financial disputes and debts can have serious consequences, and it is essential to address them in a lawful and peaceful manner. The police and the community will need to work together to prevent such incidents and ensure that justice is served.
The Vasai police have demonstrated their commitment to solving the case, and the arrest of the seven accused is a significant step forward. The investigation will continue, and the police will work to uncover the full extent of the conspiracy and bring those responsible to justice.
Frequently asked questions
What was the alleged motive behind the attempted murder of Mohansingh Parmar?
The alleged motive was to avoid repaying ₹32 crore and to gain complete control of the company, GSM Foils.
Who are the accused in the Vasai industrialist shooting case?
The accused include Sagar Bhanushali, Sujeet Pandey, Manoj Thathera, Vijaykumar Prajapati, Gokul Gautam, Anup Prajapati, and one more accused whose identity has not yet been disclosed.