Mumbai, May 21 -- A 40-year-old businessman was hacked to death by three men in Ghatkopar (West) on Monday morning.

The Ghatkopar police have arrested two suspects, Vijay Akhade, 37, and Sanjay Patwa, 29, under section 302 (murder) and are on the lookout for a third man, Gopal Nadar, 34.

They suspect it is a case of rivalry over real estate dealings between two groups.

The victim, Sanjay Dubey, was a Pant Nagar resident. Police said there were frequent skirmishes in the area between Dubey's group and the rival gang.

Akhade has criminal cases registered against him and was at loggerheads with Dubey, who also has several cases against him, including one of attempt to murder and rioting.

Akhade and Patwa have links to the rival group, w...