India, Sept. 6 -- Pune rural police have arrested a third accused in the murder of Pune-based real estate businessman Ketan Agarwal, 26, alleging that he was involved in planning the crime and was aware of an earlier plan to assault and subsequently kill the victim.

The accused, identified as Ritesh Hange, 22, a native of Beed, is a friend of prime accused Chetan Chaudhary and works with a private company in Pune. Hange was arrested on Friday and produced before the Vadgaon Maval court, which remanded him in police custody till September 12.

Sandip Singh Gill, Pune rural superintendent of police, said, "During the investigation, it came to light that Ritesh was involved in the planning of Ketan's murder,"

According to the police, Rites...