Akshay Eknath Bhoir (20), a cousin of the victim and a resident of Shiroshi in Murbad, Rafique Yunus Shaikh (27) of Murbad, and Ravindra Parshuram Thackeray (40) from Kalyan had allegedly kidnapped Vijay Kundalik Bhoir on August 25 on a bike and taken him out of Kalyan.
Subsequently, a complaint of abduction was filed by Vijay's elder brother with the Khadakpada police under Kalyan following which a search was carried out.
During the probe, police suspected the role of a relative in the kidnapping. Police then detained Akshay Bhoir who, during questioning, confessed to the crime along with others.
The murder is suspected to be the fallout of a property dispute between the families of Akshay Bhoir and the victim.
The accused were arrested last night and booked under IPC sections 364 (kidnapping or abducting in order to murder), 302 (murder), 201 (causing disappearance of evidence of offence, or giving false information to screen offender) and 34 (acts done by several persons in furtherance of common intention), police PRO Sukhada Narkar said.
The body will be exhumed soon following due procedure and in the presence of a magistrate for further probe in the case, police added.
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