Husnain Warerkar lost Rs 2 crore in shares: Police

Husnain Warerkar, who allegedly killed 14 members of his family and committed suicide on Sunday, had lost almost Rs 2 crore in share-trading in the past few months, said police sources. Husnain killed his whole family by slitting their throats and then hanged himself in Kasarvadavali, Thane, on Sunday.

The police is checking details of the bank accounts of Husnain and all other family members for further investigation and to find out the motive behind the mass murders.

The Kasarvadavali police recovered five mobile phones and a laptop from Husnain’s house. A police source said, “Since the past few months, Husnain’s parents and his wife were unhappy with him as he lost more than Rs two crores in share trading. Their house in Kasarvadavali was given by Husnain’s maternal uncle, who is a businessman and has a few plots in his name in Ghodbunder, Thane.”

A family member who stays near the Warerkar residence said on condition of anonymity: “We have seen them for so many years, but since the past few days Husnain’s mother Asagadi had changed her schedule to visit the market place. Also, the number of household things they used to buy daily had also reduced. I asked her twice while I was going to market if she wanted anything, but she turned down my offer. I found it strange and I went to her home to ask whether she was feeling fine or not. At that time she didn’t tell me anything but cried. The family was not very social. They did not share their problems with anybody.”

DCP Chandan Shive said, “We are checking all angles. We have sent the mobile phones to the lab. Soon we will get call data records so that we will get a clearer picture. We have registered a case under Section 302 of the IPC and the complainant is Husnain’s sister Subia, who has survived.” Sources said Subia, despite surviving the horrific attack also had the presence of mind to take a bag of gold jewellery the family had kept in the room where she had slept and gave it to her uncle, so that no one could rob them.

Hasnain Warerkar, 35, a chartered accountant allegedly killed 14 of his family members, including his wife, parents, sisters, and seven children, including his three-month-old daughter, before hanging himself.