He is currently in the custody of the National Investigation Agency for his alleged involvement in the Antilia bomb scare and the murder of Mansukh Hiren.

Vaze's career spanned 30 years, during which he became known for "encounter killings" of 63 alleged criminals, including notorious gangsters like Munna Nepali.

[10] On 3 March 2004, Vaze and 14 other policemen were suspended on murder charges in the custodial death of Khwaja Yunus, a suspect in the 2002 Ghatkopar bombing case.

[12] Nationalist Congress Party President Sharad Pawar said that neither Thackeray nor the state home minister Anil Deshmukh were responsible for the reinstatement.

[19][20][21] On 25 February 2021, a Mahindra Scorpio SUV with fake license plates and around 20 explosive gelatin sticks was parked outside Mumbai businessman Mukesh Ambani's residence Antilia.

[23] The presumed car owner, Mansukh Hiren, who had filed a police complaint about the SUV being stolen, was later found dead in a creek near Thane on 5 March 2021.

After over 12 hours of questioning, he was arrested by National Investigation Agency on 13 March for his involvement in placing the explosives-laden vehicle near Carmichael Road on 25 February.

[29] An Assistant Police Inspector Riyazuddin Kazi was investigated who had removed a Digital Video Recorder (DVR) of CCTVs from the housing society where Vaze lived in Thane.

[23] In a 21 March 2021 statement, the Maharashtra anti-terrorism squad named Vaze as the prime suspect in Mansukh Hiran’s murder case.

ATS has arrested cricket bookie Naresh Ramniklal Ghor and police officer Vinayak Balasaheb Shinde, who worked with Vaze, for their involvement.

Shinde was a constable in the same crime branch unit where Vaze was posted, and was already serving a life sentence after being convicted in the fake encounter case of Lakhan Bhaiyya, but was out on furlough.

[34][35] Deshmukh's office denied the claim and stated that Param Bir Singh made false allegations against him to save himself from legal action.

[36][37] Devendra Fadnavis claimed that Vaze and Param Bir Singh were just pawns in the hands of the current Maha Vikas Aghadi (a coalition of NCP, Shiv Sena and Indian National Congress) state government.

[38] Param Bir Singh asked the Supreme Court on 22 March for a CBI probe against Deshmukh, claiming interference by him in police investigations.

[39] Mumbai-based newspaper Mid-day has learned from members of Indian Hotel and Restaurant Association (AHAR) that Vaze had started collecting money from December 2020.