The Hindu
AsiaPac · 15 mins ago
Two held for illegal money-lending in Gokak; cash recovered
A case has been registered under the Karnataka Prohibition of Charging Exorbitant Interest Act, 2004. | Photo Credit: Getty Images The police arrested two persons on charges of running an illegal money-lending business in Gokak in Belagavi district.Officers raided the house of the accused, who were allegedly charging exorbitant interest rates, and recovered around ₹6 lakh in cash and land documents belonging to several farmer-borrowers.Based on information received through the Karnataka State Police mobile application, the Gokak police registered a case and raided a house in the town. They found cash and documents related to land.The police registered a case against Yallappa Birajgol and his son, Vitthal Yallappa Birajgol, for allegedly running a money-lending business without the required
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