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Money lender arrested

Staff Reporter

HYDERABAD: The Bhavaninagar police of Hyderabad on Wednesday arrested, Surjeet Singh, 51, who was allegedly collecting exorbitant interest from petty vendors after extending loans to them.

In addition to the interest added to the principal amount, Singh was harassing vendors by imposing huge fines for failing to repay the loans and forcibly trying to collect the money, the Bhavaninagar Inspector, P. Subbaiah, said.

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