The Jubilee Hills police arrested a man on Tuesday, October 8, for the murder of a woman in Navodaya Colony, allegedly linked to a chit fund scam. The accused, identified as Shaik Javeed, 34, a resident of Vidhyanagar, is accused of killing 44-year-old Sudharani on September 30 due to a financial dispute.
Javeed was apprehended in Kranthi Nagar Colony, Chengicherla. During interrogation, he revealed that he had known Sudharani since 2022 and had invested Rs2.8 lakh with her to cover his subscription to a chit fund. However, when Sudharani failed to return his investment and allegedly attempted to frame him in false cases, Javeed developed a grudge against her.
He further claimed that Sudharani had threatened to commit suicide and implicate him in false charges if he persisted in recovering his money. Additionally, he stated that she had orchestrated an assault against him four months prior, involving four accomplices.
Javeed has been remanded to judicial custody, and the investigation is ongoing.
