In a shocking incident in Mangaluru, a relationship manager from State Bank of India (SBI) has filed a police complaint, accusing a man of threatening him with a pistol during a visit to discuss loan repayment.
The complainant, Chaitanya H.C., an SBI employee based at the Court Road branch in Puttur, reported that Keerthi Akhilesh, a resident of Ujirpade, Balnadu village, had taken a loan of Rs 2 crore from the bank. Despite multiple legal notices and reminders, the loan became a Non-Performing Asset (NPA) due to non-repayment.
Following instructions from his superiors, Chaitanya, along with two colleagues, Akash Chandrababu and Divyashree, visited Akhilesh’s house on September 25 to inquire about the overdue loan. According to the complaint, when they arrived at the house, a family member invited them inside and informed Akhilesh about their visit.
When Akhilesh came out, he allegedly confronted Chaitanya and asked him to come further inside the house. He then locked the door, effectively detaining Chaitanya and his colleagues until his father, Krishna Kishore, arrived.
According to the complaint, when Kishore entered, he threatened Chaitanya with a pistol, saying he would shoot him. The employees were shocked by the sudden turn of events, and they were released only after the confrontation.
Following the incident, Chaitanya filed a police complaint at Puttur Rural Police Station. The case has been registered under multiple sections of the law, including Sections 132, 127(2), 351(2) r/w 3(5) B.N.S and Section 27 of the Arms Act. The police have begun an investigation into the matter and are currently probing the details of the incident.
This incident highlights the serious tensions that can arise in cases of overdue loan payments, and authorities are taking the matter seriously given the involvement of a firearm in the threat. The investigation will determine further actions against those involved.
I want to bring into yur kind attention that when I was Chief Manager of Asset Recovery Branch, Matunga West, Mumbai of Erstwhile Allahabad Bank now merged with Indian Bank. I took the physical possession of the flat mortgaged to Bank situated at Grant Road with the assistance of Police Authorities and the Registrar of
an Metropolitan Magistrate Court appointed by the Hon’ble court. Once we visited the flat with Police Authorities for inspection, the borrower and his father put lock on the door while we were inside alongwith police. When we found the door was locked, the junior sub inspector of Police Authorities telephoned Higher Authorities of Police intimating the situation, then DSP alongwith four constables came to spot and then they got opened the door and entire family of the borrowers including his father mother and two sons were taken into custody and all were put behind the bar in local police station. After evening 8 pm, the father and mother were released due to their old age and sickness, and both sons were sent to remand for 4-5 days in jail and later on released on bailed.
The borrower lost the case in DRT as well in High Court Mumbai and finally the purchaser of property took physical possession of the flat. The flat was sold for Rs.4crores by the bank to auction purchaser and the bank recovered entire ledger balance of Rs.3.26 crores and some of interest portion. For recovery of the balance amount of interest, the bank filed a suit in DRT, Mumbai against the borrowers and guarantors.
So, in my opinion, the IBA should take a decision after having consultation with the central govt for providing license to Branch Head for having a pistol or gun for their self protection in such cases.
This case is genuine one.