Nalgonda residents set moneylenders house on fire after Rs 10 crore fraud

Hyderabad: Residents of Nalgonda set a house of a local moneylender on fire on Monday morning, accusing him of cheating them of Rs 10 crore. According to angry residents, Balaji Naik disappeared after collecting the large sum from more than 300 people by fraudulently promising high-interest returns. Although a police complaint was filed and the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .