No matter what Sarfaraz Shaikh claims, he did not kill HDFC Bank vice-president Siddharth Sanghavi by mistake. If anything, he was exceedingly cruel, said police sources. When the banker's neck got slashed on his knife, Shaikh first offered to take him to the hospital. Instead, he left the man bleeding for 10 minutes, and then returned to slit his neck and stab him multiple times.

According to the police, it was Sanghavi's position at the bank that had made him a lucrative target for Shaikh. The accused would do fabrication work at the bank from time to time, and had asked staffers about who the top officials at the bank were. The police suspect that he zeroed in on Sanghavi because he knew he could overpower the banker and rob him easily.