Mumbai: Elderly Businessman Killed Over Property Dispute; Son and Partner Held
A 70-year-old businessman was stabbed to death in Mumbai's Kandivali area over a property dispute. His son and business partner have been arrested, and the police are searching for a third accused.
MumbaiProperty DisputeMurderBusinessmanKandivaliReal Estate MumbaiSep 24, 2025
The victim, Mohammad Syed, owned a metal factory in the Government Industrial Estate at Charkop in Kandivali. On Sunday morning, Syed went to his factory as usual. However, around 12 noon, he was found dead with multiple stab wounds, an official reported.
During their investigation, the police discovered two men entering the factory premises in the morning. CCTV footage showed them remaining inside for nearly an hour before fatally attacking Syed with knives. After the murder, the assailants dumped the weapon in a water tank inside the factory, which was later recovered by the police.
A special team tracked down one of the attackers to Navi Mumbai and arrested him. The accused, identified as Mohammad Islam (26), confessed to the crime. When questioned about who had ordered the killing, he named the victim's elder son, Hameed Syed (41), and his business partner, Shanu Chaudhary (40), the official said.
Following this information, the police arrested both Hameed and Chaudhary, who was one of the two killers. Efforts are now underway to trace the second hired killer.
The motive behind the murder was a long-standing financial dispute. Chaudhary had invested around Rs one crore in Syed's glass factory in partnership with Hameed. However, Syed allegedly refused to share the profit amount and even put the factory premises up for sale, which enraged Hameed and Chaudhary. The factory had been shut for the past one month.
The duo allegedly plotted the murder and paid contract killer Islam Rs 6.5 lakh to eliminate Syed. The police are continuing their probe to apprehend the absconding assailant and gather further evidence in the case.
Frequently Asked Questions
What was the cause of the murder?
The murder was caused by a long-standing financial dispute over a business partnership and property. The victim's son and business partner allegedly hired a contract killer to eliminate him.
Who were the main suspects in the case?
The main suspects in the case are the victim's son, Hameed Syed, and his business partner, Shanu Chaudhary. Both have been arrested by the police.
What evidence did the police find?
The police found CCTV footage showing the attackers entering the factory, a knife dumped in a water tank, and a confession from one of the hired killers, Mohammad Islam.
What was the motive behind the murder?
The motive was a financial dispute. Chaudhary had invested Rs one crore in the victim's glass factory, but the victim refused to share the profits and put the factory up for sale.
What is the current status of the investigation?
The police have arrested the victim's son and business partner, and they are searching for the second hired killer. The investigation is ongoing to gather further evidence.
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