Loharia was shot dead in front of his office on Saturday morning in Navi Mumbai. The entire murder  sequence was caught on  CCTV camera installed at the entrance of the office.
 
Loharia, owner of SK Brothers, stepped out of his white BMW at around 8 am in front of his office in Vashi, when a man in a security guard uniform shot him six times from point blank range.
 
Another assailant attacked Loharia with a chopper, and as they were fleeing, one of them, Venkatesh Shettiyar, 35, was caught by locals.