Co-op bank manager 'killed' by man whom he lent Rs 1.05 crore

News Network
August 31, 2017

Bengaluru, Aug 31: A 55-year-old manager of a co-operative bank, believed to have committed suicide on August 16, was actually strangled bya real estate agent who had borrowed Rs 1.05 crore from him. The suspectroped in three of his associates to make the murder look like a suicide, police said.

Muniyappa, of Matadahalli in RT Nagar, was found dead in his carnear Malagala underpass, West Bengaluru. Apoison bottle was found next to his body and the death hadall the trappings ofa suicide. His wife, however, suspected foul play and filed a complaint of murderat the jurisdictional Kamakshipalya police station.

The first clue in the murder investigation came when police learnt thatMuniyappa dealt in arbitrage loans— borrowing money at low interest and lending it at a higher rate. The second clue was that Muniyappa had loanedRs 1.05 crore to Tilak Bandi Kempegowda (36), a real estate agent, loan mediator and broker from Sunkadakatte, since 2014. Police also learnt that Kempegowda had neitherrepaid the principal nor the interest.

Muniyappa was under pressure as he had to pay Rs 22 lakh as interest every month to his lenders. Fifteen days before the murder, hequarrelled with Kempegowda and demanded that he repay the money. He eventhreatened to commit suicide if Kempegowda failed to repay.

Hatched a plot

Kempegowda allegedly hatched a plot to murder Muniyappa and pass it off as a suicide. He roped in three people — Pradeep alias Bully (25), Mahesh alias Appi (24), whoboth work at his poultry farm near Hindalgere, and Abhilash Gowda (25), an auto-rickshaw driver from Hegganahalli.

Kempegowda and Pradeep bought an insecticide named Action 505. OnAugust 15, Kempegowda called Muniyappa to Mariyappanapalya, saying he wanted to repay part of the loan. Muniyappa drove there. Pradeep got in his car and asked him to drive to Kempegowda’s guest house in Byatarayanadoddi.

Meanwhile, Mahesh and Abhilash bought syringes, gloves and socks, andreached the guest house. Once Muniyappa arrived there, they all tied him up and poured the insecticide down his throat. Muniyappa, however, spat it out. Pradeep then strangled him with a rope. The trio stuffed the body in Muniyappa’scar and drove to Malagala where they abandoned the vehicle and fled.

Their scheme was, however, undone by the post-mortem reportwhichconcluded thatMuniyappa had asphyxiated to death. Police reviewed a staggering 600 GB of CCTV footage to nailthe suspects.

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Agencies
February 11,2020

Mumbai, Feb 11: A 65-year-old woman was allegedly killed by her husband over debt and illness in suburban Powai here, police said on Tuesday.

The incident came to light when Sheela Ajit Lad was found dead by her neighbours at Sukh Shanti Co-operative Society at around 9.30 pm on Monday, an official said.

The victim was allegedly killed by her husband Ajit Lad, who hit her on the head with a heavy object, slit her wrists and strangled her to death, he said.

The accused absconded at around 7.30 pm, leaving a note at the crime scene, saying he was going to commit suicide and had killed his wife because he was heavily in debt and she was suffering from an ailment, the official said.

The childless couple lived alone in the apartment, he added.

"On the basis of the note, we have registered a case of murder against Ajit Lad and have launched a manhunt for him. We have not traced him or found his body as he had mentioned suicide in the note," deputy commissioner of police (DCP) Zone X Ankit Goyal said.

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News Network
April 5,2020

Nagpur, Apr 5: A 23-year-old man allegedly committed suicide in Imambada area in Nagpur on Saturday due to financial distress, police said.

Nikhil Gavhane, who worked in a grocery shop, hanged himself as he had taken money from a person and was stressed over repayment, an official said.

"He was depressed since a week," the Imambada police station official said.

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News Network
March 28,2020

Hyderabad, Mar 28: Seven labourers from Karnataka were killed and four injured when the van in which they were travelling was hit by a truck near Pedda Golconda on the outskirts of the city late on Friday night, police said.

The deceased included two children. Of the 31 workers in the van, five died on the spot and two while undergoing treatment at a hospital, Assistant Commissioner of Traffic Vishwa Prasad said.
Four others were hospitalised and the condition of one of them is critical, he said, adding the other workers in the van escaped with minor injuries.

The workers were on their way back to their home town Raichur in Karnataka as the road project they were working in at Suryapet here was stalled due to the lockdown, Prasad said.

He said initital investigations revealed that the mango laden truck, which was on its way to Gujarat, was overspeeding.

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