Hyderabad: An agent who was cheated by an illegal finance company killed his three sons and later died by suicide at Shankarpally mandal in Rangareddy district on Sunday night.
The man N Ravi Kumar (35) enrolled as an agent for an illegal financial institution GSS with its head office in Andhra Pradesh. The company started several schemes and guaranteed huge profits on investments. As an agent Ravi enrolled several people as members in the schemes and collected huge amounts from them and handed over to the company management. He was paid a commission by the company for his service.
“Since a few weeks, the company stopped paying profits to the depositors following which they started coming to the house of Ravi Kumar and enquiring about the delay. The man called up the company management but failed to get any convincing reply either,” said Mokila police station Inspector, B Veera Babu.
Due to it, Ravi was not going home and staying with his friends and relatives. On Sunday, he went home when he had quarrel with his wife Latha who got angry over his activities and the nuisance being created by the depositors at their house. In a fit of rage, Latha left the house and went to the house of her parents.
Ravi then went to the hostel where his two sons Sai Kiran (13) and Mohith (10) were staying and took them on pretext of some work and came home. He took all the three children including his younger son Uday Kumar (7) and strangulated all them. He then went to an isolated place on village outskirts and hanged himself, said the Inspector.
On receipt of information, the police reached the spot and shifted the bodies for post-mortem examination. A case is registered and investigation on.