Hyderabad: Man kills friend over unpaid loan in Rajendranagar; accused held
The victim, Sai Karthik, was reportedly attacked by Siddharth Reddy following an argument over an unpaid loan
By Newsmeter Network
Hyderabad: Man kills friend over unpaid loan in Rajendranagar; accused held
Hyderabad: A 35-year-old man was allegedly killed by his friend during a booze party at Budvel in Rajendranagar.
The victim, Sai Karthik, was reportedly attacked by Siddharth Reddy following an argument over an unpaid loan.
According to Rajendranagar police, Sai Karthik, a private employee originally from Warangal, had borrowed Rs 8 lakh from Siddharth Reddy, a native of Pulivendula in Andhra Pradesh. Despite repeated requests, Karthik failed to return the money, reportedly offering evasive answers and even issuing threats to Reddy.
On Thursday night, the two men, along with a few friends, were consuming alcohol at Karthikās rented residence in Budvel. During the gathering, an argument broke out between the two over the long-pending loan. The altercation escalated, and in a fit of rage, Siddharth allegedly attacked Karthik, inflicting grievous injuries that resulted in his death at the scene.
Police have registered a case and launched an investigation. Siddharth Reddy has surrendered to authorities, though his formal arrest is yet to be confirmed.