Caught at robbery, debtor ends life

Caught at robbery, debtor ends life

Lokesh owed money to the tune of Rs 20 lakh

A debt-ridden stockbroker hanged himself to death after failing in his attempt to rob his friend in Yeshwantpur on Sunday.

Lokesh, 42, who hailed from Doddaballapur, resided at RPC Layout. He had borrowed money to the tune of Rs 20 lakh after sustaining huge losses at the bourses.

His creditors were pressuring him to repay the money and had even assaulted him. Lokesh went into hiding and was staying at a paying guesthouse with Jayashankar, 55, in BK Nagar, Yeshwantpur, police said.

Jayashankar makes his living as a middleman for college seat aspirants and job seekers. Lokesh came in contact with Jayashankar through a common friend, and was staying with him for the past two months.

Early on Sunday morning, as Jayashankar slept, he was struck in the head with a heavy object. Jarred awake by the blow, he found Lokesh standing with an iron rod.  Lokesh demanded Rs 50,000 which Jayashankar had earned days a few days ago.

When Jayashankar gave the money, Lokesh was distracted, providing Jayashankar an opportunity to run out of the room. Once outside, he locked the door and called neighbours for help. He also contacted the police.

 Lokesh then went inside a smaller room and bolted the door. After police eventually broke open the door, they found him hanging from the ceiling fan. There was no suicide note, police said. Jayashankar was treated at a nearby hospital.  Yeshwantpur police have registered a case.

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