shot-button
Lake Levels Lake Levels
Home > Mumbai > Mumbai Crime News > Article > Intimidated by money lenders jeweller brothers hang themselves in shop

Intimidated by money lenders, jeweller brothers hang themselves in shop

Updated on: 27 August,2020 11:07 AM IST  |  New Delhi
IANS |

The family alleged that they had been beaten up by money lenders as they failed to pay interest after they faced losses during lockdown

Intimidated by money lenders, jeweller brothers hang themselves in shop

This picture has been used for representation purpose only

Two brothers aged 42 and 47 died by suicide in their jeweller shop in Delhi's Chandni Chowk on Wednesday. A suicide note has also been found which mentions poor financial condition as the reason for the extreme step. The police are recording the statements of the relatives. The family members allege that they were being troubled by money lenders after they suffered a loss in business. The police received the information at around 3 pm that two brothers had hung themselves at the third floor of their shop - Sri Krishna Jewellers - in Chandni Chowk area. A police team immediately reached the spot; their bodies were brought down and sent for postmortem.


"Two brothers identified as Arpit 42 years and Ankit 47 years hung themselves at their shop. We have received a suicide note in which they mentioned their poor financial condition for the extreme step," said DCP North Monika Bhardwaj. While Arpit was unmarried, Ankit is survived by his wife and two children.


"When the father of the victims who was on the first floor sent a servant to look for his sons, the servant noticed that the duo had hung themselves to death," said a relative. However, the relatives also leveled allegations against a local financer that he was pressurising the two brothers to clear the debts. Sources said that they have also taken some loan from the banks.


The family alleged that they had been beaten up by money lenders as they failed to pay interest after they faced losses during lockdown. "We are recording the statement of the family," said the officer.

The jewelers association has also expressed shock and grief over the incident.

"It is very bad news for the jeweller industry as the industry has incurred heavy losses in the corona period. Many jewellers have been under debt and many money lenders have also troubled the persons under debt. This is a crucial period," said Yogesh Singhal, President, The bullion and jewellers association, Kucha Mahajani, Chandni Chowk.

Keep scrolling to read more news

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK