Vaibhav Pandya, stepbrother of cricketer Hardik Pandya, was arrested by Mumbai Police for allegedly diverting around Rs 4.3 crore from a partnership firm, causing a loss to the Pandya brothers. The incident relates to a polymer business set up in 2021, where the profit-sharing agreement was violated, leading to the arrest and charges of cheating and forgery against Vaibhav Pandya.