Hardik Pandya, Krunal Pandya Lose Crores, Mumbai Police Arrest Third Brother

Cricketers Hardik Pandya and Krunal Pandya, who are in the limelight in the Indian Premier League (IPL 2024), have been allegedly cheated by their stepbrother brother Vaibhav Pandya in their family business, as per the said reports. The reports said, Vaibhav allegedly moved Rs 4.3 crore from a partnership firm, which led to huge financial loss.

After the matter was reported, the Mumbai Police's Economic Wing detained Vaibhav Pandya for questioning related to the matter after filing a case under cheating and forgery charges.

The reports said the Pandya brothers opened a polymer business in partnership three years ago, on terms that Hardik and Krunal, each, would invest 40% of the capital, and their third partner Vaibhav would invest 20% amount and take care of the daily operations.

It was also decided that profit would be shared based on their investment.

However, Hardik Pandya and Krunal Pandya have alleged that Vaibhav secretly increased his share in their company from 20% to 33%, which affected their portion and the company's business.

The police report also stated that Vaibhav opened another firm without informing the other two partners in the same industry, which is a violation of their agreement.

Till now, Hardik Pandya and Krunal Pandya have not commented anything on the case.