Sub-inspector A B Shinde of Murbad police station said that two men barged into Suraj Dhumal's house in Pashene at around 9 pm.
One of them fired a round from his revolver to threaten those inside, before ransacking the house and looting Rs 85,009 in cash and gold jewellery.
Police have lodged a case of robbery. Further probe is on.
Additional superintendent of police Avinash Ambure and DySP H T Vhatkar visited the crime scene.