The Charkop Police have cracked the sensational murder of 65-year-old Mumbai industrialist Ayub Sayyed, revealing it as a contract killing orchestrated by his business partner Shanu Chaudhary, 40, and younger son Hamid Sayyed. The conspiracy came to light after one of the attackers, Mohammad Khairul Islam, was captured on CCTV speaking on the phone moments after stabbing Sayyed to death, helping investigators connect the dots.

According to police, Chaudhary had invested nearly Rs.1.17 crore in Sayyed’s business but was continuously shown losses. Whenever he sought repayment, Sayyed allegedly abused and humiliated him.