Durg, Chhattisgarh |Durg Police have intensified their crackdown on illegal money lending practices in the district and registered a case against a 23-year-old man for allegedly charging exorbitant interest and using threats to recover money unlawfully.
According to police, a written complaint was filed by Mrs. Suman Tandon (45), a resident of Kumhari, Durg district. She alleged that the accused, Sachin Dwivedi, a resident near Verma Kirana Store, Kumhari, had lent money in small installments to her son, Lakshya Tandon, amounting to โน2,55,000.
The accused allegedly charged an illegal interest rate of 15 percent, added the interest directly to the principal amount, and forcibly recovered money through pressure and intimidation. As per the complaint, a total of โน3,01,166 was recovered through PhonePe transfers and โน93,650 in cash, taking the total recovered amount to โน3,94,816. Despite this, the accused continued to demand more money.
The complainant further stated that the accused repeatedly threatened to kill her son if additional payments were not made, creating fear and mental harassment while attempting to extort more money.
Based on the complaint, Kumhari Police Station registered Crime No. 39/2026 under Sections 308(2), 308(4), and 351(3) of the Bharatiya Nyaya Sanhita (BNS), along with Section 4 of the Chhattisgarh Protection of Debtors Act, 1937, and initiated an investigation.
During the investigation, police took the accused Sachin Dwivedi (23), a resident of Housing Board Colony, Kumhari, into custody. During interrogation, he reportedly confessed to committing the offense.
Police officials stated that the campaign against illegal money lending will continue and strict action will be taken against those exploiting people through unlawful financial practices.
