Man dies by suicide in Khokhara due to harassment by loan shark

A tragic case has come to light in Amraiwadi, where a middle-aged man died by suicide eight months ago due to harassment from a loan shark and a lawyer. The deceased had borrowed ₹10 lakh from a friend by mortgaging his shop documents. Despite repaying ₹47 lakh, he was still pressured to pay an additional ₹25 lakh.

The victim’s son, a stock market broker residing in Ramol, filed a complaint against the lawyer and the loan shark, alleging that his father, Nutankumar (53), took his own life on July 8, 2024, in his Khokhara office by hanging himself. 

At that time, Amraiwadi Police registered a case of accidental death and began an investigation. However, a suicide note was later discovered, in which the deceased blamed his friend and a lawyer for his decision to end his life.

According to the complaint, the victim initially took a ₹10 lakh loan at interest but ended up repaying ₹47 lakh. Despite this, his so-called friend continued demanding another ₹25 lakh, leading to severe financial pressure. A police complaint was filed at that time, and a settlement was later reached, reducing the amount to ₹14 lakh.

As part of the settlement, it was decided to reverse the shop’s mortgage deed, a task entrusted to the lawyer. The victim paid her the required amount for the legal process, but she failed to obtain the necessary approvals, making it impossible to finalise the documentation.

When he requested a refund, she refused to return the money. Meanwhile, the loan shark allegedly demanded an additional ₹8 lakh, which ultimately drove him to take the drastic step.