Archive · 21 Jan 2026
Mumbai: Woman Accuses Man of Illegal Moneylending and Gold Sale
A woman in Mumbai borrowed money from a man to pay for a business audit.
She gave him her gold jewelry as a promise to pay him back.
But later, she found out he sold her gold without asking her.
Now, the police are investigating because the man did not have a license to lend money and is accused of cheating her.
Anushka Utekar borrowed Rs20 lakh from Lalit Hathi at 1.25% monthly interest.
She pledged 44.8 tolas of gold as collateral for the loan.
Hathi allegedly sold the pledged gold without her consent.
Utekar discovered the unauthorized sale when she tried to repay the loan in January 2025.
Police have registered a case under the Maharashtra Money-Lending Act and Bharatiya Nyaya Sanhita Act.
- Who
- Lalit Hathi (accused) and Anushka Amit Utekar (complainant)
- What
- Allegations of illegal moneylending and unauthorized sale of pledged gold
- When
- Incident occurred in January 2024, complaint filed in January 2025
- Where
- Kandivali’s Charkop area, Mumbai
- Why
- Utekar needed funds to resolve a GST audit notice
- Accused
- Lalit Hathi, 55
- Complainant
- Anushka Amit Utekar, 31
- Loan Amount
- Rs20 lakh
- Gold Pledged
- 44.8 tolas (net weight)
- Interest Rate
- 1.25% per month
- Charges Filed
- Maharashtra Money-Lending Act and Bharatiya Nyaya Sanhita Act