GSM Foils Chairman Arrested for Allegedly Plotting Partner's Murder Over Rs 32 Crore Debt
GSM Foils chairman Sagar Bhanusali has been accused of orchestrating a murder conspiracy against his business partner amid a financial dispute. Bhanusali allegedly failed to repay Rs 32 crore owed to his partner following the sale of his stake in the company. Stock market losses are reported to have driven the chairman into significant debt, fuelling the conflict. Police have arrested seven people in connection with the plot, including the alleged shooter. The case highlights a severe breakdown in the business relationship between the two partners.
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