Published On : Tue, Feb 17th, 2015

Five men usurp Rs 18 lakh from woman for a loan of Rs 5 lakh and grab her property, too


A group of five crooked men not only usurped Rs 18 lakh from a distressed woman against a loan of Rs five lakh but also grabbed her agriculture land and a plot with the force of threat. The five accused have been booked under various sections.

The five accused Ramesh Vinayak Potbhare (40), Narendra Khanduji Chambhare (40), resident of Zingabai Takli, Purshottam Gangadhar Bhagatkar, resident of Golibar Chowk, Timki, Abhay Vinayak Savarkar, resident of Pande Layout, Khamla, and Bhimrao Malkay, resident of Savarmendha, Tehsil Saoner, District Nagpur, in a well planned conspiracy took the advantage of poor financial condition of the woman. The accused conspired with each other and nefariously extended a loan of Rs 5 lakh to Vijaylaxmi Ashokrao Lohkare (41), resident of Zingabai Takli, to be returned with 10 percent interest. In exchange, the five accused forced Vijaylaxmi mortgage her agriculture land and 1500 sq ft plot with them. Moreover, the accused kept with them the original documents of the properties. However, despite Vijaylaxmi returning Rs 18 lakh including the interest to the accused over a period from July 2012 to December 2014 the accused forced her to make registry of the properties in their names. This way the accused usurped Rs 18 lakh against a loan of Rs 5 lakh and also grabbed landed property of Vijaylaxmi in fraudulent manner.

On the basis of a complaint lodged by Vijaylaxmi and on the orders of the court the Gittikhadan PSI Danade booked the five accused under Sections 506(B), 384, 392, 420, 34 of the IPC and Sub-Section 39 of Maharashtra Money Lending Regulation Act 2014 and investigating the matter further.

Representational pic

Representational pic