According to police officials, the investment banker has been identified as Puneet Madanlal Bhatia and as per the FIR, he has been employed at a capital investment company for the past 15 years.
Police said the incident came to light on December 3 after a security personnel got suspicious about two trucks leaving the site with iron, following which a case was registered by the company's senior manager.
India News: MUMBAI: The Bombay high court on Tuesday came down heavily on the police for illegally detaining a music teacher in a bailable offence and keeping him.
Bombay HC Raps Police Over Wrongful Detention Of Music Teacher In Bailable Offence freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
The Bombay High Court on Tuesday was livid at the "highhandedness" of Mumbai police officials who allegedly illegally detained a music teacher for a day and stripped him naked in the lock up to.