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The victim had recently retired from an aviation firm and the accused, identified as Pankaj Pawar, called him and his wife to an isolated place in Balkum on February 11, a Kapurbawadi police station official said.
”Pawar got the couple to chant mantras as part of the so-called ritual and slipped away with the bag containing Rs 1 lakh. Efforts are on to nab him,” he added