Archive · 10 Jun 2025
Man Dies by Suicide After Loan Repayment Harassment
A man named Sagar took his own life because he was being harassed about a loan he couldn't pay back.
He had borrowed money from a friend, but was unable to repay it.
His friend and others confined him and pressured him to sign a document promising to pay the money back.
While they were away getting the paperwork, Sagar sadly took his own life.
Police have arrested the people involved and are investigating the situation.
A 57-year-old man, Sagar Raju, died by suicide in Bandlaguda.
He allegedly faced harassment over a loan repayment of Rs 5 lakh.
Raju had borrowed the money from his friend Narasimhulu in 2020.
He was reportedly confined and pressured to sign a repayment bond.
Four individuals were arrested following a complaint by Raju's family.
- Who
- Sagar Raju, the deceased; Narasimhulu, a mason and lender; and three other individuals.
- What
- Sagar Raju died by suicide after being harassed over a loan of Rs 5 lakh.
- When
- Tuesday.
- Where
- Bandlaguda, Hyderabad, at a friend's residence.
- Why
- Sagar Raju died by suicide due to alleged harassment over a loan repayment.
- Age of Deceased
- 57
- Deceased's Name
- Sagar Raju
- Loan Amount
- Rs 5 lakh
- Loan Origination Year
- 2020
- Location of Incident
- Bandlaguda
- Number of Arrests
- Four