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Why Was Vaibhav Pandya Arrested? Know His Age, Mother & Wife

Why Was Vaibhav Pandya Arrested? Know His Age, Mother & Wife

Vaibhav Pandya, the stepbrother of cricketer Hardik Pandya, was detained by the Mumbai Police on charges of deceiving Krunal Pandya and Hardik Pandya out of Rs 4.3 crore. The Economic Offences Wing of the Mumbai Police has detained Vaibhav and filed charges of cheating.

The brothers Hardik and Krunal suffered financial losses after Vaibhav Pandya reportedly stole 4.3 crores from their joint business. Pandya is now facing allegations of criminal conspiracy, forgery, criminal intimidation, and criminal breach of trust. The cricketer Hardik Pandya went to the police after claiming that Vaibhav threatened to ruin his reputation when he sought to confront him.

Hardik Pandya had filed a complaint that led to Vaibhav’s arrest. On Monday, the cricketer’s accountant went to the Khar police station to file a complaint; the station then sent the case to the EOW. He added that the EOW officers arrested Vaibhav Pandya the same day that his involvement in the crime was discovered. A magistrate’s court ordered his remand in police custody until Friday after his production.

According to Hardik Pandya, Vaibhav allegedly threatened to ruin the cricketer’s reputation when he attempted to confront him.

What Happened To Hardik Pandya’s Step Brother Vaibhav Pandya?

The three brothers—Cricketer Hardik, his brother Krunal, and his business partner Vaibhav—coordinated the establishment of a polymer company in 2021. The three brothers’ respective contributions were 40% and 20%. Vaibhav violated the conditions by creating a competing business in the same industry without alerting the cricketer or his brother.

The cricketing brothers and their stepbrother began dealing in polymers in 2021 after establishing a partnership-based firm in Mumbai. Each sibling contributed 40% according to the partnership agreement, with Vaibhav putting in 20% capital. Vaibhav was designated to manage the day-to-day operations of the company, and the earnings were divided equally. Nevertheless, Vaibhav proceeded to launch a competing business in the same industry without disclosing this fact to the cricketers. According to the police, he broke the partnership agreement by doing this.

The new business cut into the previous partnership’s earnings, resulting in a loss of about Rs 3 crore. While Hardik Pandya and his brother lost money, he saw a 20–33% increase in his earnings. Additionally, he mentioned that Vaibhav had taken approximately Rs 1 crore out of the partnership account and put it into his own.

How Old is Vaibhav Pandya?

In 2024, Vaibhav Pandya will be 37 years old. He shares a family tree with the famous Pandya brothers—Hardik and Krunal—and was born and brought up in Mumbai. Himanshu Pandya, his father, served the family in a very important capacity. Vaibhav began and completed his educational journey at Mumbai’s New English School. After that, in 2006, he graduated with a Bachelor of Commerce degree from IES High School, Bandra-East. This academic background and early upbringing provide light on Vaibhav’s life and provide the groundwork for his subsequent pursuits and decisions.

Who is Vaibhav Pandya’s Mother?

No data found at this time.

Who is Vaibhav Pandya’s Wife?

Vaibhav Pandya has not disclosed any details about his romantic relationships, and we do not believe he is married.