Hyderabad Family Suicide: 4 Arrested for Loan Harassment

New Delhi, March 3, 2026 – In a harrowing incident that has sent shockwaves through the city, the Hyderabad police have arrested four illegal money lenders in connection with the tragic suicide of a couple and their young son in the Amberpet area. The arrests follow a week-long investigation into the deaths of the Kadgekar family, who were reportedly driven to the edge by relentless financial extortion, public humiliation, and threats.

The victims have been identified as Kadgekar Ramraj (54), his wife Madhavi, and their son Kadgekar Shashank Raj (24). Their bodies were discovered at their residence in Bapu Nagar on February 24, 2026.

The Debt Trap: Biryani Outlets and Mounting Interests

According to police investigators, the patriarch of the family, Ramraj, had borrowed approximately ₹57 lakh from the accused to fund and operate “King’s Biryani” outlets in the Mallapur and Chakripuram areas. While the business was intended to provide a livelihood, it quickly became the source of their undoing.

The money lenders allegedly charged exorbitant, illegal interest rates on a daily basis. When the business struggled to keep up with the mounting debt, the financiers shifted from lenders to predators, using a variety of coercive tactics to squeeze the family:

• Blank Cheques & Documents: The accused forcibly obtained 12 blank cheques, six blank promissory notes, and original land documents for three acres of agricultural land in Yadadri Bhuvanagiri district as “security.”
• Persistent Humiliation: Police reports indicate the family was subjected to constant verbal abuse and humiliation over the phone.
• Threats of Public Shaming: Perhaps the most damaging was the threat to visit the family’s home and publicly insult them in front of their neighbors—a tactic designed to exploit the family’s social standing.

The Fatal Night

The investigation took a significant turn when police analyzed Call Data Records (CDR). The logs revealed that on the night between February 23 and February 24, the accused were in constant contact with the family, issuing dire threats and demanding immediate repayment.

Faced with the prospect of public disgrace and unable to escape the financial whirlpool, the family entered into a suicide pact. The tragedy came to light when Shashank Raj’s friend received a distressing message and alerted the authorities.

Police Action and Arrests

Following a complaint by Ramraj’s daughter, Amulya, and the recovery of detailed suicide notes at the scene, the Amberpet police initially registered a case under the Bharatiya Nagarik Suraksha Sanhita (BNSS). After gathering evidence of the lenders’ roles, the charge was altered to Section 108 of the Bharatiya Nyaya Sanhita (BNS) for abetment of suicide.

The four arrested individuals have been identified as:

1. Mohammed Wasi Uz Zaman (also known as Irfan), a real estate and scrap dealer.
2. P. Rajasekhara Reddy, a construction contractor.
3. Mohammed Nawaz, a local businessman.
4. Syed Majeed Hyder, an electrician.

During interrogation, the suspects reportedly confessed to lending money at usurious rates and placing the family under “unlawful financial pressure.”

A Growing Concern

This incident highlights the lingering shadow of illegal money lending in urban centers, where “loan sharks” operate outside the banking system, often using intimidation and psychological warfare to recover funds. Authorities have urged citizens facing similar harassment to approach the police immediately rather than taking extreme steps.