Loss in chit fund pushes couple to suicide in City

Loss in chit fund pushes couple to suicide in City

They were unable to repay Rs 15 lakh

The Subramanyapura police gave the names of the deceased as Nagappa (55) and Vimala (47), resident of Bangarappa Layout. Nagappa, who was a welder in Indirangar, was also into chit-fund business. After he ran into losses to the tune of Rs 15 lakh, he and his wife decided to take the extreme step.

The incident came to light when their son who is studying engineering, returned home. On seeing his parents suffering, he immediately shifted them to a nearby private hospital.

Later, they were referred to Victoria hospital. However, within hours after starting the treatment, Nagappa died and by late night Vimala was declared dead.

Man hangs self

Unable to wriggle out of a loan mess, a 45-year-old man hanged himself at his NGEF Layout, Vijayanagar residence on Monday.

Krishna Murthy's body was found hanging in the bathroom. The police said, the deceased had taken huge loans and had also invested in chit funds. His wife who had gone out, returned and was shocked to see him hanging. She alerted the neighbours and the police.

Chain snatched

In broad daylight, miscreants snatched a gold chain worth around Rs 50,000 from a woman while was standing in front of her shop on 4th Main, Nehru Nagar, Seshadripuram on Tuesday.

R Truly, the complainant, has stated that around 7.30 am, two culprits on the pretext of entering the shop, snatched her gold chain and fled.

Burglars strike

Burglars using duplicate keys entered a house in D J Halli and decamped with cash and valuables on Monday.

Shilpa Shekar, a resident of Muninanjappa Garden has complained that some culprits gained entry into her house using duplicate keys and made away with valuables.

Two pedestrians run over

Two pedestrians were run over by a bus in separate incidents in the City.
Shanti (35), a resident of Sidguntepalya, died on the spot in front of Muneshwara Temple near Christ College, on Tuesday evening, when a speeding private bus rammed into her. She was on her way to bring her children from school. Nagaraj, the driver fled from the scene.

In another incident, Tambu (35) a resident of Nagashetty Halli was run over by a BMTC bus on Monday evening.

According to R T Nagar traffic police, the accident occurred in front of Anjaneya Swamy temple in the narrow Sanjay Nagar main road. The road is in shambles as cable laying work is under progress.