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The victim has been identified as Uchila resident Arif (38), a rowdy sheeter.
It is said that Arif’s brother Kareem had taken a loan of Rs 60,000 from a person named Naufal and also promised to pay additional interest on the amount. However, Kareem failed to pay the amount on time, following which his fishing equipment was seized by Naufal and his gang.
Later, Kareem paid the principal amount of Rs 60,000 and took his fishing equipment back from them. But, a verbal argument ensued between the gang and Kareem over Rs 7,000 loan interest which the latter refused to pay.
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A case has been registered and further investigations are underway.