Tuesday, March 18, 2025
More
    HomeHyderabadFinancier Attacks and Detains Man Over Unpaid Loan in Petbasheerabad

    Financier Attacks and Detains Man Over Unpaid Loan in Petbasheerabad

    Related stories

    LB Nagar MLA Faces Case Over Alleged Caste-Based Remarks

    LB Nagar MLA, D Sudheer Reddy, has been accused...

    Police issue notices to celebrities in betting app investigation

    The Punjagutta police have intensified their investigation into a...

    Telangana Set to Present 2025-26 Budget Amid Ongoing Financial Challenges

    The Telangana government is preparing to present its budget...
    -Advertisement-

    A shocking incident took place in Petbasheerabad, Medchal-Malkajgiri district, where a man was allegedly held captive, threatened, and beaten by his friend over an unpaid loan.

    The victim, Yashwanth, had borrowed Rs 5 lakh from his friend, Srinath Reddy, to organize a New Year 2025 event in Narsingi last December. However, despite multiple reminders, Yashwanth failed to repay the amount.

    - Advertisement -

    On March 14, Srinath Reddy, along with his associates, allegedly caught Yashwanth and took him to an open ground near a Bajaj showroom. There, they confined him and brutally attacked him using liquor bottles, hockey sticks, and belts.

    When Yashwanth went missing, his mother filed a complaint with the Petbasheerabad police. The police then registered a case against Srinath Reddy and his associates for illegal confinement and assault. She also accused Reddy of running an illegal finance business and charging extremely high interest rates.

    - Advertisement -
    Also read:  BRS criticizes Kishan and Bandi for not securing Telangana's fair water share

    The police stated that counter-complaints were received from both sides, and cases have been filed against each party. Further investigation is underway to determine the next course of action.

    - Advertisement -

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here