56-year-old ends life after Rs 10 lakh, 37 cents allegedly prove inadequate to repay Rs 3 lakh
Vellukutty had availed the loan of Rs 3 lakh for his daughter's marriage from two moneylenders in Palakkad in 2016. He had repaid Rs 10 lakh in the last five years, according to his relatives.
Published: 23rd July 2021 03:59 PM | Last Updated: 23rd July 2021 03:59 PM | A+A A-
For representational purposes (Express Illustrations)
PALAKKAD: A 56-year-old farmer in Paralodi in Vallikode of Palakkad district ended his life following harassment by moneylenders who reportedly made him pay back Rs 10 lakh on a loan of Rs 3 lakh and yet demanded a further Rs 20 lakh.
The farmer was found to have been run over by a train, police said.
Vellukutty had availed the loan of Rs 3 lakh for his daughter's marriage from two moneylenders in Palakkad in 2016. He had repaid Rs 10 lakh in the last five years, according to his relatives.
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They said that the moneylenders though did not let go and demanded a further Rs 20 lakh from him. Vellukutty had also registered 37 cents of land in the name of the moneylenders, said Vishnu, his son.
Based on a complaint by the family members of the deceased, the Hemambika Nagar police have registered a case. An officer said the police are investigating and verifying the allegations made by the relatives of the deceased.
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