Beltangady: Lawyer-businessman Ramachandra Shenoy kidnapped


Daijiworld Media Network - Beltangady

Beltangady, May 20: Businessman and lawyer Ramachandra Shenoy (47) was kidnapped on the night of Monday May 18 by unknown persons.

It is learnt that Shenoy was at a mineral water factory in Neerachilume at Dharmasthala when he was kidnapped.

His wife Rashmi R Shenoy too had gone to the factory, but she returned home in the evening. The same night, factory manager Avinash called up Rashmi and informed that her husband was nowhere to be seen.

Rashmi along with son Rahul then went to the factory and together with Gajendra, and employee and Avinash, searched for Shenoy. They found Shenoy's footwear near the roadside.

The locals said that they heard someone shouting and noticed a car without number plate speeding towards Ujire. Shenoy did not respond to calls.

It is learnt that for five days prior to the kidnapping, Shenoy stayed in the factory and did not come home.

Rashmi said that her husband had some financial dispute with one Valerian Crasta of Chikkamagaluru. About four years ago, Shenoy had taken a loan of Rs 70 lac from Crasta and was paying him interest on it thereafter. When it became difficult for Shenoy to pay him, there were talks about giving a property in Ujire, Rashmi said.

Meanwhile, Shenoy received death threats from Dinesh Shetty, an accused in a murder case. However, Shenoy ignored the threats even though the calls continued for about six months. In the meantime, Valerian Crasta passed away and his wife Philomena reportedly put pressure on Shenoy to pay back the loan. Rashmi in her complaint to police expressed suspicions that Philomena might be behind Shenoy's kidnapping.

Beltangady police have registered a case.

  

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Comment on this article

  • vinayak prabhu, mangalore

    Wed, May 20 2015

    Philomena's house and properties should be checked first.Some one cannot take law in own hands for not repaying loan.Go to police and get him arrested

    DisAgree [4] Agree [3] Reply Report Abuse

  • Santhosh Rego, Uppoor

    Wed, May 20 2015

    This may be black money given. loan should be repaid. let shenoy bargain on interest, but principle must be paid.

    DisAgree [1] Agree [4] Reply Report Abuse

  • India First, India

    Wed, May 20 2015

    Who knows better than a lawyer to cheat others ? Lawyers (Not All) are most of the time cheat people.... !!

    DisAgree [2] Agree [38] Reply Report Abuse

  • Pai, Karla/Dubai

    Wed, May 20 2015

    One should use legal formalities before giving such huge loans. Kidnapping is not a solution.Both are suppose to be criticized in this case.

    DisAgree [3] Agree [14] Reply Report Abuse

  • Rudolf, Mumbai

    Wed, May 20 2015

    Very true, but if you see 'loan recovery agents (goons)' of recognized banks and financial institutions too hound you till you shell out, just short of maybe the act that happened in this case!!

    DisAgree [1] Agree [7] Reply Report Abuse

  • vikram, Dubai

    Wed, May 20 2015

    Initial reaction after reading head lines of this news many feel pity on Mr. Shenoy...after full article all thinking there is nothing wrong about his kidnapping.

    DisAgree [5] Agree [12] Reply Report Abuse

  • Rudolf, Mumbai

    Wed, May 20 2015

    Running own 'business' with 70 lacs of unpaid loan, great, just imagine what would have happened if the loan was taken from a bank or financial institution!!!!

    DisAgree [5] Agree [30] Reply Report Abuse

  • Sachidanand Shetty, Mundkur/Dubai

    Wed, May 20 2015

    Rashmi Madam, I have small doubt about this case. Are you worried about the loan taken by your hubby or maybe you are worried about the kidnapping since you doubt Philomena Madam!!!!

    DisAgree [3] Agree [38] Reply Report Abuse

  • NAZ, mangalore

    Wed, May 20 2015

    OMG! 70 lacs is not small money! Shenoy Can you sleep someone borrow from you 1 lack!!

    DisAgree [6] Agree [48] Reply Report Abuse

  • Rudolf, Mumbai

    Wed, May 20 2015

    Amazing, how could anybody be convinced into giving such a big amount of loan without any collateral!! Looks like the greed of high market rate interest hijacked the sanity of the loan giver!!!

    DisAgree Agree [11] Reply Report Abuse

  • john, mangalore/dubai

    Wed, May 20 2015

    Whatever it is, once he has taken the loan, his duty to repay it. there should be no excuse. Since he is running a business, he can make them shareholders.

    DisAgree [3] Agree [57] Reply Report Abuse

  • Langoolacharya., Belman/Washington,DC.

    Wed, May 20 2015

    Shenoymaam...meter interest loan???

    ...JH...

    DisAgree [3] Agree [44] Reply Report Abuse


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Title: Beltangady: Lawyer-businessman Ramachandra Shenoy kidnapped



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