The Mumbai Police on Sunday detained three more people for their alleged involvement in HDFC vice-president Siddharth Sanghvi’s murder. According to reports, Sanghavi, who was a resident of upscale Malabar Hill area in South Mumbai, went missing on September 5. The decomposed body of the 39-year-old HDFC Bank executive, who has been missing since Wednesday, was found abandoned in Kalyan, the police claimed. It is being reported that one of the accused has confessed to killing the banker. However, his body is yet to be recovered.

On Friday, Sanghavi’s car was found abandoned near a high rise building at Koparkhairane in Navi Mumbai with blood stains on its rear seat. Reports said that a knife was also found at the rear seat of the car. Earlier, the cops had arrested one person in this case.

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In the CCTV examined by the police, he can be seen walking towards the parking lot in Kamala Mills where his car was parked. According to media reports, investigators believe that he may have been murdered in the same parking plot. 

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Initial investigation has revealed that a colleague of Sanghvi, jealous of the deceased’s recent promotion, hired the contract killer. Police had registered a missing person’s complaint at NM Joshi Marg police station. Both Mumbai and Navi Mumbai police are investigating the case