Dolas was born to Vithoba and Ratnaprabha Dolas. He was one of their six children. Dolas joined the Ashok Joshi gang in 1980 and rose quickly through the ranks in the outfit. He ran several successful extortion rackets for the criminal - politician Ashok Joshi's gang at Kanjur village which was also affiliated with the Byculla Company.
The Lokhandwala Complex is an upper end middle-class housing area in Andheri Lokhandwala Swati A wing Flat no 002 and 003, Mumbai, where Shiv Sena criminal-politician Gopal Rajwani had purchased a flat for mega-mobster Dawood Ibrahim. In 1991, Dawood henchmen Dolas and Dilip Buwa, along with four others, were in this apartment when they were surrounded by the Mumbai Police led by Aftab Ahmed Khan; it was later alleged that Khan had been tipped off by Dawood who wanted the police to kill them. The ensuing four-hour shootout, much of it publicised live on news channels, made Dolas infamous, and the police officer Khan a household name. After the encounter, it was alleged that the anti-terrorist squad which had participated in the encounter had made off with Rs. 70 lakh cash which was with Dolas. A number of inquiries conducted by the Mumbai police failed to turn up any concrete evidence. Dolas' mother Ratnaprabha had moved court to ban the movie Shootout at Lokhandwala stating that the movie presents her son falsely. For example, the movie shows that he had killed his abusive father at age nine, whereas his father outlived Dolas and died only in 1997. She also claimed that he was an ITI passout. Taking note of the fact that the movie also portrays Ratnaprabha as encouraging the criminal tendencies in her son, the suit wanted the producer to re-do the film. Chhota Rajan also objected to the film, saying that it "grossly distorts the facts". In response, A A Khan, the cop who led up front the team which gunned down Dolas, rubbished Rajan's claim, saying that the operation was videographed and it was conducted in full view of the public. The directors claim that the movie is highly fictionalised, although it uses the real names, and the movie opens with an apology to the real characters. A Mumbai sessions court refused to stay the film release based on the case in May 2012.
