A businessman in Mumbai was allegedly cheated out of ₹3.25 crore (approximately $390,000 USD) by a nine-member interstate gang involved in extortion and violence. The victim, who runs a private enterprise, was lured into investing in a fraudulent company named Arkship Group after meeting four gang members who posed as brokers. After transferring ₹1 crore online, he discovered the funds were redirected to a non-governmental organization called 'Manav Dharmayog'. When he confronted the gang, they assaulted him and his general manager at a hotel in Vile Parle, threatening them with a gun and demanding ₹3 crore as ransom. Fearing for his life, the businessman transferred an additional ₹2.25 crore to the gang's accounts. Following the incident, he was released but warned against contacting the police. Eventually, he reported the crime, leading to an FIR being filed against the accused for multiple charges, including cheating and extortion. The Mumbai Crime Branch is now investigating the case, which appears to be linked to a larger interstate network.