Kothagudem: Mason dies by suicide in Paloncha over alleged lender harassment

Mason Veerapuram Bhaskar allegedly died by suicide at his residence in Paloncha, Kothagudem district. His wife accused a private financier of repeatedly harassing him over a loan, claiming the family had already paid Rs 1.50 lakh in interest.

Published Date – 13 November 2026, 06:22 PM

Kothagudem: Mason dies by suicide in Paloncha over alleged lender harassment

Kothagudem: A mason allegedly died by suicide at Srinivas Colony in Paloncha, Kothagudem district, following alleged harassment by a private financier.

The deceased, Veerapuram Bhaskar (45), reportedly hanged himself at his residence in the colony on Thursday evening. His body was shifted to Paloncha Government Hospital for post-mortem examination.


Speaking to the media, the deceased man’s wife, Madhavi, alleged that her husband had taken a loan of Rs 20,000 at 10 per cent interest some time ago from a lender, Kishan, of Hamali Colony. She said they had paid Rs 1.50 lakh towards interest so far.

However, the lender used to visit their house regularly, late at night, and abuse Bhaskar using vulgar language while demanding repayment of the debt. Unable to bear the alleged harassment, Bhaskar took the extreme step, she alleged.

Telugu Desam Party leader Kanagala Anantha Ramulu, Deputy Mayor Lalitha Kumari and CPI town president and corporator Adusu Malli Saibaba visited the grieving family at the hospital on Friday. They urged the police to take action against the lender for troubling the family.

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