He was 90.
Medhekar was undergoing treatment at a private hospital at Oshiwara in north Mumbai since May 24 and passed away today, family sources said here.
He is survived by daughter Baijayanti Gupte and sons Ajit and Rajan.
Medhekar, first Director General of Police of Maharashtra, is credited with quelling the police revolt, the first of its kind in India.
Around 9,500 of Mumbai's then total strength of 22,000 policemen had halted trains on the outskirts of the city and forced the motormen out of their cabins.
Medhekar handled the Prime Minister's security before returning to Maharashtra in 1981, a senior police official told PTI.
It was during Medhekar's tenure as DGP that the old Council Hall building in south Mumbai was converted to house the State Police Headquarters.
Medhekar had then requested the Maharashtra government to hand over the building for use as police headquarters, former DGP Praveen Dixit said.
Mumbai Police paid tributes to the former top cop.
"Saddened by demise of K P Medhekar, a legend, true leader, former Police Commissioner and first DGP Maharashtra. We will cherish our association," the official twitter handle of Mumbai Police said.
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