The deceased, Nityanand Mane, was employed with the Merchant Navy. The incident occurred last night, when a group of four friends including the victim, had gone to Marve beach and were having drinks.
During the drinking session, an argument broke out between Mr Mane and Santosh Wankhede over a petty issue, the official said.
"Following the scuffle, Wankhede left the spot in a huff and went his home. Mane and other friends followed him to to his house to settle the matter. However, an argument ensued among them. Angered by this, Wankhede came down with a knife in his hand and stabbed Mane to death outside his house," he said.
Further investigation is underway.
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