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Hardik Pandya’s Stepbrother Vaibhav Pandya Arrested for Fraudulent Activities in Polymer Business Partnership
The Mumbai police have taken into custody 37-year-old Vaibhav Pandya, the stepbrother of cricketer Hardik Pandya, for deceiving him and his brother Krunal in their polymer business, resulting in a loss exceeding ₹4 crore. The Economic Offences Wing (EOW) made the arrest on the basis of charges including criminal breach of trust, criminal intimidation, criminal conspiracy, forgery, and other relevant sections.
Hardik Pandya’s Stepbrother Business
Hardik, Krunal, and Vaibhav Pandya collaborated to establish a polymer business in Mumbai in 2021. The brothers collectively invested 80% of the capital, while Vaibhav contributed the remaining 20%. Vaibhav was entrusted with the daily operations and profit distribution as per the partnership agreement.
However, Vaibhav clandestinely initiated a rival firm within the same industry without the knowledge of his cricketing partners, breaching the terms of the partnership. This unlawful move led to a loss of approximately ₹3 crore for the original company, as Vaibhav siphoned funds and increased his personal profits by 20 to 33%.
Upon discovery of the deceitful actions, Vaibhav resorted to threats of defaming the cricketer’s reputation when confronted. Subsequently, a complaint was lodged by the accountant with the Khar police station, followed by a case registration and transfer to the EOW for investigation.
Following the revelation of Vaibhav Pandya’s involvement in the fraudulent scheme, he was promptly arrested by EOW officials and presented before a local court. The court remanded him in police custody until Friday to facilitate further inquiries into the matter.
Hardik Pandya’s Stepbrother : Vaibhav Pandya’s journey
Vaibhav Pandya’s journey is a testament to perseverance, determination, and the relentless pursuit of excellence. Born into a family with a rich sporting heritage, Vaibhav’s early years were shaped by the influence of his stepbrother, the renowned Indian cricketer Hardik Pandya. While Hardik’s rise to fame captured the nation’s attention, Vaibhav embarked on his own journey, carving out his path in the world of sports.
From a young age, Vaibhav displayed a natural talent for cricket, following in the footsteps of his stepbrother. However, unlike Hardik Pandya, Vaibhav Pandya faced numerous obstacles on his journey. Growing up in a modest household in Baroda, Gujarat, Vaibhav lacked access to top-notch training facilities and coaching expertise. Despite facing these challenges, he persevered unwaveringly in his pursuit of success in cricket.
Vaibhav’s determination and dedication caught the eye of local coaches who recognized his potential. With their guidance and support, he honed his skills on makeshift grounds and dusty pitches, often practicing long hours after school. His hard work soon paid off as he began to excel in local tournaments, catching the attention of talent scouts.
As Vaibhav’s talent continued to blossom, he faced a pivotal moment in his journey when he was offered a scholarship to a prestigious cricket academy in Mumbai. This opportunity marked a turning point for Vaibhav, providing him with access to world-class coaching and training facilities. Under the mentorship of seasoned coaches, Vaibhav refined his technique and expanded his cricketing knowledge, laying the groundwork for future success.
Despite the rigorous training regimen and fierce competition at the academy, Vaibhav remained focused on his goals. He drew inspiration from Hardik’s meteoric rise to stardom, using it as motivation to push himself to new heights. With each match and training session, Vaibhav’s confidence grew, and he began to showcase his talent on a larger stage.
Vaibhav’s breakthrough came when he was selected to represent his state in age-group tournaments. His performances garnered attention from selectors, earning him a coveted spot in the state’s junior team. With each match, Vaibhav continued to impress, showcasing his all-round skills as a batsman, bowler, and fielder.
As Vaibhav’s reputation grew, so did the expectations placed upon him. However, he remained grounded and focused on his craft, refusing to let the pressure affect his game. His hard work and dedication were soon rewarded when he received his first call-up to the national under-19 squad.
Representing his country was a dream come true for Vaibhav, who viewed it as the culmination of years of sacrifice and hard work. He embraced the opportunity with humility and determination, eager to make his mark on the international stage. With each match, Vaibhav showcased his talent and commitment, earning praise from teammates and coaches alike.
Vaibhav’s journey serves as a testament to the power of perseverance and determination in the face of adversity. From humble beginnings to international recognition, he has overcome numerous challenges to carve out his path in the world of cricket. As he continues to chase his dreams, Vaibhav remains grateful for the unwavering support of his family, coaches, and teammates, who have been with him every step of the way.
