Panicked Telangana woman allegedly kills self over stored cash of Rs 54 lakh

November 11, 2016

Hyderabad, Nov 11: A middle-aged homemaker in Telangana committed suicide on learning that bank notes of Rs 54.40 lakh she had stored in denominations of 1,000 and 500 rupees were “as good as waste paper”.

depositKandukuri Vinoda, 55, of east-central Mahbubabad district hanged herself at her residence in Sanagapuram village early on Thursday apparently unaware of how to convert her money.

According to the police, Vinoda sold her 12 acres of agricultural land in Sanagapuram for Rs 56.40 lakh. Of this, she spent Rs 2 lakh on treatment for her husband who suffered a paralytic stroke recently. The remaining amount, all in cash, was kept to meet expenses of her daughter’s marriage and buy another piece of land.

On Wednesday, after Prime Minister Narendra Modi announced the demonetisation of 1000 and 500 rupee notes, villagers told a panicked Vinoda that the old high-denomination notes were of “no use” and were “as good as waste papers”.

A bitter argument ensued between Vinoda and the rest in her family, who faulted her for selling the entire piece of land “without consulting them”, the police said.

Fearing that all the cash lying with her had turned worthless, the woman killed herself on Thursday after the rest of the family members went to sleep.

One of the villagers say Sanagapuram, R Madhukar, said most land transactions in rural Telangana happen through cash. “This is marriage season in Telangana and most of the households keep high-denomination money at home. Pulling these notes out of circulation has left most of us in the lurch,” he said.

Very few in the village areas were aware of what steps needed to be taken to convert their 500- and 1000-rupees notes, Madhukar added.

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News Network
July 22,2020

Thiruvananthapuram, Jul 22:An accused in a case registered under the Protection of Children from Sexual Offences (POCSO) Act jumped into the sea on Wednesday morning when he was taken for evidence collection at Kasaba in Kasargode district, police said.

Accused Mahesh was arrested following a complaint by his neighbour on Tuesday evening.

The police said that they took the accused to the seashore to collect evidence in the case when Mahesh jumped into the sea. Two police officials too jumped in after him to catch hold of him but could not locate Mahesh.

Later, swimmers were deployed to try and locate the missing man.

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July 12,2020

Tamil Nadu, Jul 12: An alleged attempt by a 19-year-old man to "open a branch of the State Bank of India" at Panruti near Tamil Nadu was scuttled and he was arrested for forgery, police said on Saturday.

The man, son of retired SBI employees, had readied fake seals and challans of the public sector lender, and had other paraphernalia like a cash counting machine needed "to run a bank branch," on an upper floor of his residence at Panruti, about 25 km from Tamil Nadu.

He had not, however, put up any signboard. The SBI Panruti branch manager lodged a complaint with police seeking action following a tip-off by a customer that the man was "opening an SBI branch and has challans as well."

A printer who printed the challans and another who had made fake seals were held for similar offences and abetment.

They were produced before a magistrate court and enlarged on bail.

Asked if the man had cheated people by soliciting deposits or facilitating loans, Panruti police inspector K Ambethkar said, "no..we have not received any such complaint so far."

The man's late father had worked for SBI and his mother had retired from the same bank some time back, he said.

To a question, the police inspector said the man's mother, who has mobility issues, and another woman a relative living in the same house had no clue about his "idea."

Investigations revealed that he aspired to work for a bank and since he had closely watched banking operations for long he was "very knowledgeable" about it.

On the suspected motive, he said several of his replies were incomprehensible, childish, and strange notwithstanding his excellent understanding of the banking processes.

"He even calmly told us that he awaited approval from Mumbai to open the (SBI) branch and that he was about to put up a signboard," the inspector said, adding that the man had tried unsuccessfully to get employment on compassionate grounds in the SBI following the death of his father in harness.

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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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