India, Feb. 24 -- Hadapsar police on Sunday arrested a financial advisor and an alleged associate of the Tipu Pathan gang for extortion and criminal intimidation of a 50-year-old businessman from Hadapsar.

The accused, Anil Yadav (42), a resident of Karvenagar, and Nadeem Khan (42), a resident of Sayyednagar. The arrests followed a complaint by the businessman, who runs an ambulance rental service in the city. The alleged offences occurred between 2023 and 2025.

Investigators said the businessman had appointed Yadav as his financial advisor nearly two decades ago to manage his accounts. In 2018, facing financial difficulties, he borrowed Rs.12 lakh from Yadav. Between 2019 and 2022, he borrowed an additional Rs.23.88 lakh and repaid Rs....