Elderly Man Robbed of Rs 50 Lakh at Knifepoint, Land Broker Arrested in Pune

A 76-year-old retired government servant was robbed of Rs 50 lakh at knifepoint by a real estate agent in Pune, but the police managed to apprehend the suspect within 12 hours and recover the stolen cash.

Real EstateLand BrokerPuneCrimeElderlyReal Estate MumbaiJul 24, 2024

Elderly Man Robbed of Rs 50 Lakh at Knifepoint, Land Broker Arrested in Pune
Real Estate Mumbai:In a shocking incident, a 76-year-old retired government servant was robbed of Rs 50 lakh at knifepoint by a real estate agent in Pune. The incident took place on the Pune-Solapur highway, around 60 kilometers from Pune, when the victim, Sharad Dange, was traveling with his family and a real estate agent, Gajanan Kalwaghe, who had brokered a land deal with the father of Dange's daughter-in-law.

According to the police, Kalwaghe threatened Dange at knifepoint and fled with a bag containing Rs 50 lakh cash, which was an advance payment for the land deal. The police launched an extensive manhunt and set up multiple roadblocks and checkpoints to catch the suspect. After a thrilling chase, the police apprehended Kalwaghe and recovered Rs 45 lakh cash from him. Two accomplices of Kalwaghe were also arrested, and the police are in the process of recovering the remaining cash.

The incident highlights the importance of being cautious while dealing with real estate agents and conducting land transactions. It also showcases the efficiency of the Pune rural police, who managed to solve the case within 12 hours and recover the stolen cash.

Pune is a city in the state of Maharashtra, India, known for its real estate market and growing economy. The city has witnessed a surge in land transactions in recent years, making it a hub for real estate agents and brokers. However, the incident highlights the need for caution and vigilance while dealing with real estate agents and conducting land transactions.

Pune Rural Police is the law enforcement agency responsible for maintaining law and order in the rural areas of Pune district. The agency is known for its efficient crime detection and solving capabilities.

Frequently Asked Questions

What was the amount of cash stolen from the elderly man?

Rs 50 lakh

Who was the suspect in the case?

Gajanan Kalwaghe, a real estate agent

How much cash was recovered from the suspect?

Rs 45 lakh

How long did it take the police to solve the case?

Within 12 hours

What was the mode of transportation used by the suspect to flee the scene?

An autorickshaw and later a hired car

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