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The Times of India
The Times of India
National
TNN

Trichy rural cops crack down on usurers, book 6, arrest 3

Trichy Police M Ravichandran Punganur

TRICHY: The Trichy rural district police booked six people and arrested three of them in separate cases for demanding exorbitant rates of interest on loans. The Ramji Nagar police arrested M Shanmugam, 42, of Malaipatti near Ramji Nagar on charges of compelling I Sundaramurthy, 42, of Punganur, an autorickshaw driver to pay exorbitant interest on 5 lakh he had borrowed.

Shanmugam was also charged for forcibly collecting a signed cheque leaf from Sundaramurthy and threatening him with dire consequences on Thursday.

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