India, Oct. 28 -- Days after Union Minister Murlidhar Mohol's name surfaced in the land deal involving Seth Hirachand Nemchand Jain Digambar Boarding Trust, developer Gokhale Landmarks LLP on Sunday announced its withdrawal from the agreement for a prime 3.5-acre plot in Model Colony.

Gokhale Landmarks LLP acquired the property this year for Rs.311 crore, of which Rs.230 crore was paid.

In an email sent late on Sunday to trustees, Gokhale Landmarks LLP said it had decided to opt out of the deal and requested the return of the money it had paid for developing the land.

While Gokhale Landmarks LLP has exited from the deal, a decision on getting its money back may be taken on Tuesday when the Charity Commissioner of Mumbai has scheduled a...