Hyderabad, Telangana: In a significant breakthrough, the Hyderabad City Police have arrested four individuals allegedly involved in an illegal money lending racket linked to a tragic triple suicide reported in Bapu Nagar, Amberpet.
On February 24, 2026, Sri Kadgekar Ramraj (54), his wife Smt. Madhavi, and their son Sri Kadgekar Shashank Raj were found dead at their residence. Acting promptly on a complaint lodged by the couple’s daughter, the Amberpet Police Station registered a case under Section 194 BNSS (Cr. No.109/2026).
During the course of investigation, police recovered suicide notes from the scene, which pointed to severe financial harassment by private money lenders. The family had reportedly borrowed ₹57 lakh to operate “King’s Biryani” hotels at Mallapur and Chakripuram. The accused allegedly charged exorbitant daily interest rates, forcibly obtained blank cheques, promissory notes, memorandums of understanding (MOUs), and original land documents, and repeatedly threatened and humiliated the victims.
Investigators meticulously analyzed Call Data Records, which confirmed that the accused had contacted and allegedly threatened the deceased family on the night of February 23/24, demanding repayment. Based on the emerging evidence, the case was subsequently altered to Section 108 BNS (Abetment to Suicide).
On March 2, 2026, the Amberpet Police apprehended four accused — Mohd. Wasi Uz Zaman alias Irfan (57), P. Rajasekhara Reddy (55), Mohd. Nawaz (50), and Syed Majeed Hyder (53). During interrogation, the accused reportedly admitted to advancing loans at high interest rates and exerting pressure on the family for repayment, including forcibly collecting financial and property documents as security.
Police seized 12 blank cheques, six promissory notes, three MOUs, one mortgage-cum-loan agreement, original agricultural land documents pertaining to three acres in Gandhimall Village of Yadadri Bhuvanagiri District, bond papers, and mobile phones allegedly used to issue threats.
The accused have been produced before the Hon’ble Court and remanded to judicial custody. The arrests were carried out under the supervision of senior officers of the Secunderabad Zone, reflecting the department’s firm stance against illegal financial exploitation.
Further investigation is underway.
Our Citizen Reporter – Telangana
Mr. Bharath Reddy
