DSK-Benelli Chairman’s MV Agusta F4 RR superbike SEIZED by Pune police

The Economic Offences Wing (EOW) of the Pune police has seized the MV Agusta F4 RR superbike of DSK-Benelli chairman Shirish Kulkarni. The superbike was among four other vehicles seized by the EOW in connection with a cheating case that has been registered against DS Kulkarni (builder and promoter of DSK Group, and Shirish Kulkarni’s father). According to a report on the Times of India, police officials in Pune are said to be looking out for Shirish Kulkarni. It remains unclear if the operations of DSK Benelli would be affected due to the ongoing arrests.

Nilesh More, ACP (EOW) said,

We have taken the high-end vehicles belonging to Kulkarni in our custody. These vehicles were parked inside a showroom and the estimated price of these vehicles is nearly about Rupees five crores.

The other vehicles that were seized include a Porsche Panamera Petrol, two Toyota Camry luxury sedans and a BMW 6-Series luxury saloon. The cost of these vehicles together is estimated to be about Rs. 3 crores. Shirish Kulkarni is the chairman of DSK Motowheels, a company that imports, assembles and sells high-end Hyosung and Benelli superbikes in India. He’s also the CEO and Managing Director of the DSK group which has interests in real estate, hospitality and automobiles.

His father, Mr. DS Kulkarni is in police custody, along with his wife Hemanti. Allegations against the Kulkarnis include charges of cheating over 2,500 investors to the tune of Rs 230 Crore. Also, funds raised from investors were allegedly transferred to personal accounts of DS Kulkarni, Hemanti and Shirish Kulkarni.

Notably, Shirish Kulkarni became the first owner of the MV Agusta F4 RR in India ,when the superbike was launched here in 2016. The bike is powered by a 998 cc, four cylinder petrol engine with  201 Bhp of peak power at 13,600 rpm, and 111 Nm of peak torque at 9,600 rpm. The motorcycle gets a range of high-end electronics including  4 engine maps, 8-level traction control, lean angle sensor, ride-by wire, and Ohlins electronic suspension control.

A steering damper and race-spec Titanium con rods are standard. The Agusta F4 RR is imported through the completely built unit (CBU) route, and is priced at a whopping Rs. 36.5 lakhs, ex-showroom Delhi, making it one of the most expensive fully-faired sportsbikes sold in India. Competition for the Agusta F4 RR comes chiefly from Ducati, another Italian sportsbike maker.

Via HindustanTimes