Why Was MS Dhoni's Former Business Partner Arrested On CSK Star's Complaint

MS Dhoni's former business partner Mihir Diwakar was arrested recently.

MS Dhoni's former business partner Mihik Diwakar was arrested recently.

MS Dhoni is one name that needs little introduction. In a cricket crazy country like India, Dhoni is often worshipped as a hero and is regarded as 'Thala' for all the Chennai Super Kings (CSK) fans. Recently, Dhoni's former business partner Mihik Diwakar was arrested. Dhoni's ex-business associate was allegedly involved in a fraud. An official crimimal case was filed by the legendary cricketer himself against Diwakar at the District Court in Ranchi.

Notably, Diwakar happens to be the Director of the Aarka Sports Management Pvt Ltd. He has been taken into custody by the Jaipur police on Tuesday (April 9). The arrest comes after Dhoni had alleged that his name had neen used for setting up of cricket academies without them having the authority to do so. Meanwhile, media reports suggest that despite the authority being revoked by the wicketkeeper-batter, Diwakar ended up opening several cricket academies in India and in other countries by using the name of the cricketer.

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Mihir Diwakar Also Accused Of Financial Fraud With MS Dhoni

Other than the abovementioned reasons, Diwakar has also been accused of taking money for the MS Dhoni Cricket And Sports Academies leading to a reported Rs 15 crore-fraud. Aarka Sports, the company which Diwakar is the Director of, was liable to pay a franchise fee as well as share profits as per the agreement, however, the terms and conditions of the same were breached which led to the case and the subsequent arrest.

As per several media reports, Dhoni has filed a case under Sections 406, 420,467,468,471 and 120B of the Indian Penal Code (IPC) at the District Court Ranchi. The case has been filed against Aarka Sports Management Pvt Ltd, Mihir Diwakar and Soumya Das of the same firm.

Dhoni is currently plying his trade for CSK in IPL 2024.