According to Balanagar DCP PV Padmaja, the three were operating different online mobile app companies that offered small instant loans and collected repayments by harassing and blackmailing customers.
The complainant Sai Aravind Dauluri, a resident of Singareni colony in Saidabad had alleged that he had borrowed Rs. 3,500 from of the apps in the month of November and the finance company disbursed an amount of Rs. 2,600.