The man, who created a scare in Mumbai by holding 20 children hostage inside R A Studio in Mahavir Classic building, died during the police cross-fire.
Tension gripped when the man, identified as Rohit Arya, held the children hostage, demanding that he be allowed to speak to a few people.
Arya was also carrying an air gun and some chemicals. According to the police, he called the children, most of the teenagers, for an audition for a web series.
Police received a call at about 1.45 pm about a man holding children hostage inside R A Studio in Mahavir Classic building. The police, along with a Quick Response Team (QRT), Bomb Detection and Disposal Squad and a fire brigade team, reached the spot.
According to media reports, Rohit Arya died after he suffered a bullet wound to his chest. Another person was also hurt during the exchange of fire.
Arya released a video on social media, saying he wanted to speak to a few people and ask them questions, and he did not want money. The cops attempted to negotiate with him, but as the talks made no headway, a police team entered the studio through the bathroom and overpowered him.