Anil Arora jumped off his apartment building which is located in Mumbai's Bandra.
Malaika's ex-husband Arbaz Khan and cops reached the apartment.
Probe is underway. The dead body has been sent for post-mortem.
Malaika's parents got divorced when she was 11 years old.
After her parents' divorce, the actress moved to Chembur with her mother and sister Amrita.