PI Ashok Amble of Murbad police station told PTI that accused Nitesh Mhatre was arrested last night after he shot his kin Rajendra alias Nazeeb Anant Kalan (23) from point blank range on the night of February 11 over a land dispute.
Mhatre was arrested last night after Rajendra's body was recovered from a drain in Murbad following which the hunt for the killer began, he said.
Both the victim and the accused were residents of Navrivili village of Murbad.
The dispute between the duo was regarding a sale of plot to Mhatre for Rs 20.36 lakhs by the victim. Mhatre had already made a part payment of Rs 5 lakh for the purchase but Rajendra's continuous demand for the balance annoyed him following which he decided to kill him.