PTI 
 
Mumbai, Jun 4: Pawanraje Nimbalkar, who was sacked as chairman of Osmanabad District Central Cooperative Bank (ODCCB) after he was found to be allegedly involved in the multi-crore gilts scam that rocked Maharashtra’s cooperative sector four years ago, was shot dead today in neighbouring Navi Mumbai.
 
Navi Mumbai police commissioner Vijay Kamble told PTI that more than two people are believed to have fired at the car in which he was travelling.

The driver of the car was also killed in the shooting, he said.

Asked if the attack was the result of a financial deal gone sour, he said ‘we are investigating all angles.’

Police said the incident occurred on the road coming from Teen Market towards expressway at Kalamboli in Navi Mumbai..

Preliminary reports suggest that the shooting took place even as the car was moving, police said.

While the driver, aged around 32, was shot near the chest, Nimbalkar sustained bullet injury below right eye, police said.

Both died on the spot, police said. The assailants escaped, they added.

Nimbalkar was a close relative of NCP leader and former minister Padmasinh Patil and had contested 2004 assembly elections against the latter and lost.

Nimbalkar had recently joined Congress.