Financier was killed over money-doubling dispute: police

DHNS, 13-05-2017 05:32:00

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Financier was killed over money-doubling dispute: police

The Jayanagar police have arrested three people on the charge of murdering financier and realtor Suresh Poojari (38) at his apartment near JSS Circle in Jayanagar on May 9. 

The arrested are Rakesh (35), Suresh Gowda (32) and Narayana, all from Bilekahalli on Bannerghatta Road, police said. According to police, the trio have confessed to the crime. During interrogation, it emerged that the suspects had lent Rs 2 crore to Poojary who had promised that he would double the money in just a year. The suspects had pooled money from their families, friends and relatives and had handed over it to Poojary about a year ago, police said.

When the suspects demanded their money back, Poojary told them that the real estate market was down and had turned worse after demonetisation. When the suspects persuaded Poojary to return their money, he not only refused to repay but also threatened them of dire consequences. Enraged by this, the suspects decided to eliminate him, the police said.

As per their plan, the suspects arranged a party at Poojary’s flat. When he was in his drunken stupor, they plastered his mouth. 

One of them slit Poojary’s throat and then rolled the body in a bed-sheet before fleeing the spot. Poojary, who had several criminal cases against him in Kundapura in Udupi district, had shifted his base to Bengaluru and was living here, police said. Poojary’s wife and two children live in Kundapura.

Rakesh, one of the suspects, is a native of Mangaluru and has settled in Bengaluru. He owns a beauty parlour run by his sister. While Gowda is a businessman, Narayana is a relative of a former councillor. There are a few more suspects and their roles are being verified, a senior police officer said.

Comments on this Article
Jossey Saldanha, Mumbai Sat, May-13-2017, 9:48
He looks like a Crook ...
Agree[0] Disagree[0]

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