“The five reporters demanded Rs. 25 lakhs from him and later the issue was settled for Rs. 10. As initial payment, Ravi mortgaged the necklace of his wife and paid them Rs. 2.5 lakh,” said the DCP.
According to the police, Ramesh, Srinivas and Suresh, reporters of vernacular news channels and newspapers who were aware of the facts that Ravi Kumar was not able to repay the investments of depositors, allegedly demanded Rs 10 lakh from him to not publicise the matter