"software-employee"

K. Sandeep Chary, 22, a resident of Balajinagar in Jawaharnagar, was allegedly involved in half-a-dozen chain snatchings, with police recovering gold worth Rs.4 lakh from him.

The victim, identified as M. Srinivas Reddy (30), working for a software firm in the city, was reportedly depressed for quite some days.

The arrested man was identified as Harsha Reddy (30), a resident of Allwyn Colony in Jagadgirigutta

According to the police, A L Natesan (40) a resident of Anandbagh was going on his Activa along with one person Johnny from Anandbagh towards Malkajgiri

The man was identified by his friends as Praveen Desini, living in Jersey City of New Jersey in the United States.

The victim, Sunil, had borrowed an instant loan of Rs.70,000 from an online loan app.