Primary accused in Sriram Finance fraud arrested in Bhatkal
Bhatkal: The Bhatkal Rural Police have arrested Raghavendra Rajeeva Swamy, the primary accused in a case of financial misappropriation involving Sriram Finance. Swamy's arrest follows the earlier detentions of the second and third accused in the same case.
Swamy, employed at the Bhatkal branch of Sriram Finance since January 1, 2023, is accused of abusing his position to unlawfully waive vehicle loans for certain clients. According to a complaint lodged by senior Sriram Finance staff member Naveen Poojary, Swamy's actions resulted in the company being defrauded of approximately Rs 89.8 lakh.
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The allegations against Swamy include the fabrication of hypothecation certificates bearing the company’s seal and the forged signature of a chief officer from the company’s head office. These fraudulent documents were reportedly used to transfer vehicles at the Regional Transport Office (RTO) without proper authorization. Despite the clients' loans not being fully paid off, Swamy managed to take possession of the vehicles and misappropriated the proceeds from their sale, bypassing the company's regulations.
Furthermore, Swamy is accused of collecting money from clients over several months under the pretense of clearing their loans. Instead of remitting these funds to Sriram Finance, he allegedly used the money for personal gain, as stated in the complaint to the police.
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NEET student hangs self in Rajasthan's Sikar
Jaipur (PTI): A student preparing for the NEET examination allegedly committed suicide by hanging himself in a rented room in Rajasthan's Sikar on Friday, police said.
According to the police, the student allegedly hanged himself from a ceiling fan using his sister's scarf while one sister was attending coaching classes and the other was in the bathroom.
He had appeared in the NEET UG exam 2026, which was cancelled due to paper leak, they said.
Udyog Nagar SHO Rajesh Kumar said that the deceased, identified as Pradeep Meghwal, was a resident of Kanika ki Dhani village in Jhunjhunu's Gudha Gaudji area.
He had been living in a rented room in Sikar's Jaldhari Nagar area with his two sisters while preparing for NEET over the last three years.
His elder sister later found him hanging and informed the landlord and police after bringing him down, officials said.
The SHO said the body was kept at SK Hospital mortuary, and a postmortem had not been conducted.
The student's father, Rajesh Kumar Meghwal, told police that Pradeep's NEET examination had gone well and the family was expecting him to score around 650 marks.
Former Rajasthan deputy chief minister Sachin Pilot expressed grief over the incident and linked it to anxiety among students after reports of irregularities and paper leaks in NEET 2026.
Pilot said repeated paper leak incidents and cancellation of examinations were affecting students' mental health and demanded a time-bound investigation and strict action against those responsible.
