Boat with 40 school children on board capsizes 2 nautical miles from the sea shore in Dahanu.
The Coast Guard was also informed and they deployed their ships and helicopters for the rescue operation.
The police had yesterday said that three girls drowned and five were feared missing after the private boat, "Dahanu Queen", carrying around 40 students on a picnic capsized off the Dahanu coast.
Sources said the boat lost balance when several students shifted to one side.
Another student who was rescued from the boat capsize told PTI that the boat had around seven children who belong to the Dahanu village, which is over 100 km from Mumbai. A collaborative search and rescue operation was launched, with local fishing boats also pitching in.
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'There was an incident of boat capsize at Dahanu Parnaka Beach.
Police said the owner of the boat, Dhiraj Ambire, boatman Parth Ambire and helper Mahendra Ambire were arrested late this evening.
The students were said to be from the KL Ponda High School in Dahanu. Coast Guard has flown its helicopters for search opera, ' he added. The Palghar SP Manjunath Singe confirmed that 32 children were rescued and the hunt was on for the remaining.
The Indian Coast Guard station at Dahanu is coordinating with local authorities and school staff to confirm the number of students.