Brahmavar: Three held over alleged exorbitant-interest loan harassment


Daijiworld Media Network – Brahmavar (TP)

Brahmavar, Aug 13: Brahmavar police have arrested three persons in connection with allegations that a Mangaluru-based finance company was providing loans at exorbitant interest rates and harassing members of the public over repayment of pending instalments.

The case was registered at Brahmavar police station based on a complaint filed by Rajesh Naik.

According to the complaint, the accused allegedly forcibly took away a motorcycle belonging to Ganesh Ganiga of Kunjal over an issue related to an exorbitant-interest loan. It was also alleged that Rajesh Naik, who had stood as a guarantor, was assaulted.

Acting under the guidance of Udupi sub-divisional police officer Belliyappa and Brahmavar circle inspector Gopikrishna, investigating officer and Brahmavar police sub-inspector Ashok Malabagi, assisted by crime staff Kiran and Siddappa Sakenalli, arrested Sandeep Shetty of Kulai, Mangaluru, and Vijeeth Shetty of Kavoor, Mangaluru, on August 6. The two accused were subsequently produced before the court.

Under the guidance of Udupi sub-divisional police officer Belliyappa and Brahmavar circle inspector Gopikrishna, investigating officer and Brahmavar police sub-inspector Ashok Malabagi, along with crime staff Kiran and Siddappa Sakenalli, arrested accused Sandeep Shetty of Kulai, Mangaluru, and Vijeeth Shetty of Kavoor, Mangaluru, on August 6. They were subsequently produced before the court.

Police arrested another accused, Sampath of Bajpe, Malavoor, Mangaluru, on August 13.

During the investigation, police also seized the motorcycle allegedly taken away by the accused and the car allegedly used in the commission of the offence.

  

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Title: Brahmavar: Three held over alleged exorbitant-interest loan harassment



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