This story is from June 5, 2023

Moneylenders murder guarantor in YSR dist

A 39-year-old man who helped his friend by extending guarantee for the loans he took in the past was murdered by money lenders at CK Dinne in YSR district. The deceased was P Srikanth Reddy, a resident of Utukuru village in CK Dinne mandal.
Moneylenders murder guarantor in YSR dist
Image used for representational purpose
TIRUPATI: A 39-year-old man who helped his friend by extending guarantee for the loans he took in the past was murdered by money lenders at CK Dinne in YSR district. The deceased was P Srikanth Reddy, a resident of Utukuru village in CK Dinne mandal.
According to Kadapa rural circle inspector K Ashok Reddy, Srikanth Reddy's friend Sathya Narayana took 20 lakh as loan from A Chaitanya Kumar Reddy and A Leela, both residents of Kadapa.
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After Sathya Narayana defaulted on repayment and the money lenders started harassing him, Srikanth Reddy came to his friend's rescue and promised the money lenders that he would return the money if his friend couldn't repay it.
But when Sathya Narayana and Srikanth Reddy started ignoring their calls, Chaitanya Reddy and Leela, along with their five friends, kidnapped Srikanth Reddy on May 31 and they tortured him severely for two days. Srikanth Reddy succumbed to injuries on June 1.
CK Dinne police registered a case on June 2, and arrested all the seven accused in the murder.
The arrested were A Chaitanya Reddy, A Leela, M Chamundeswari, S Siva Prashanth Yadav, J Uday Kiran, S Venkata Sai and K Mohan Chandra.
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