Dilip Buwa (1966-1991) was a notorious Indian gangster who used to work for the D-Company, an international crime syndicate of the Mumbai underworld led by the don, Dawood Ibrahim. He was killed in an encounter at the 1991 Lokhandwala Complex shootout with the then Additional Police Commissioner of Mumbai, Aftab Ahmed Khan, at the age of 25. He was portrayed by Tusshar Kapoor in the Bollywood film Shootout at Lokhandwala.
Maya Dolas was just reckless and foul mouthed. Dilip Buwa was cold blooded. Unlike Dolas, nothing could divert Buwa's attention when his fingers were on the trigger. He was a mentor to Chhota Rajan. Post shootout media coverage made out Dolas to be the big gun. “It was far from the truth. Dolas just kept hurling abuses from inside the building, while there being pumped by Buwa. I knew nothing about Maya Dolas, except his reputation. Buwa was something else. He was Dawood Ibrahim’s best shooter and his most efficient killer. Till date, there has been no second.”
— Aftab Ahmed Khan, Officer in-charge of the Anti-Terrorist Squad at the time of Lokhandwala Shootout
Dilip Buwa was the bodyguard of Ramabhai Naik, another famous gangster in Central Mumbai. He was paid off by Chotta Rajan, an associate of Dawood Ibrahim. While visiting Chembur, Dilip Buwa turned and shot dead Rama Naik. He then switched sides to the Dawood Ibrahim gang. Conversely, Maya Dolas was a member of a gang led by Arun Gawli. In an agreement between Amar Naik and Arun Gawli, they agreed to settle their disputes, but in return Amar wanted Maya Dolas dead. When Maya Dolas knew of this he escaped and joined with Dilip Buwa and the D-Company.
- "'450 rounds were fired…like bullets were doing the talking'". Indian Express. 2007-05-20. Retrieved 2007-06-01.
- When Bachchans and Viveik came together - May 25, 2007, IndiaFM News Bureau