Man sets ablaze stock trader’s car in Vadodara after ‘Rs 4.5-cr feud, video of dog worth Rs 60K’
Divyanshusinh Chauhan, an investment agent, allegedly set fire to a stock trader's car in Vadodara after a financial dispute worth Rs 4.5 crore, according to police. The incident occurred on August 11 around 2.30 am at the trader's residence on Ajwa Road. The trader, Ankur Purani, was reported to have boasted about purchasing a pet dog for Rs 60,000 on social media.
Chauhan, who allegedly owed Purani Rs 4.5 crore that he had lent from his clients, arrived at the scene with a heavy metal bar. He smashed the windows of Purani's sports utility vehicle, parked in the compound, and set it ablaze using petrol. The fire alerted nearby residents, prompting the fire department and Bapod police to respond. CCTV footage of the event was also reviewed by authorities.
Chauhan was apprehended on April 13. Police revealed that Purani had allegedly lost the borrowed money in the stock market, leading to the dispute. The trader used the funds for stock trading, resulting in financial losses. Despite a pending court case for the recovery of the investment money, Chauhan claimed to have a court case against Purani.
Purani reportedly spent the borrowed funds on stock trading, resulting in financial losses, which led to the dispute. Eventually, a court granted Chauhan bail. The vehicle was later returned to Purani after a forensic examination.
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