Police authorities, stated that the accused, Muhammed Nisham allegedly drove his Hummer into the victim named Chandrabose, pinning him against a wall, in the southern state of Kerala on January 29th.
The millionaire then reportedly beat the guard with an iron rod until other people intervened, according to News Agency of Nigeria (NAN).
Chandrabose subsequently died, in hospital on Monday as a result of the serious injuries he suffered.
“We have charged him with murder after the guard passed away on Monday and Nisham has already been arrested and is in jail pending the trial.
It is a shocking incident which shows Nisham’s arrogant behaviour and psychological problems,” said Police Chief, Nishantini Thrissur.
A security report from New Delhi indicated that the 39-year-old Nisham, owner of a tobacco company has been charged in 10 previous police cases, most of which were settled out of court.
In 2013, Nisham is said to have ran into trouble with the police for allowing his 9-year-old son drive his Ferrari, a clip of which went viral on social media, creating huge controversy.
He was also accused of allegedly locking up a female constable in his Rolls Royce after she asked him to stop for a routine check.