Karnataka Man Sets Bank On Fire After His Loan Application Was Rejected

BENGALURU: In a strange incident in Karnataka, a 33-year-old man allegedly set the bank on fire for being disappointed over the rejection of his loan application.

The incident took place on Sunday 9 January in a Canara bank Branch located in the Haveri district of Karnataka. The branch is at Hadugonda village that comes under the jurisdiction of Kaginele police.

The police arrested the accused person for committing mischief by fire that intended to cause property damage.

The man was later identified as Wasim Hazaratsab Mulla who is a resident of a town named Rattuhalli in Karanataka.

An FIR has been filed against him under the Indian Penal Code (IPC) section 435 section 436 and section 477 as informed by the police sources. The case has been registered in the Kagineli police station located in the area.

According to reports the man approached the bank seeking a loan but the bank authorities refused to accept his application for the loan due to certain issues with the documents.

The bank has checked for the verification of all his documents but later rejected them after finding the details inappropriate. It is said that the bank denied the loan request for the reason that his CIBIL score was less.

After getting rejection over the loan plea, the man got utterly disappointed and allegedly set ablaze the branch building that resulted in a huge loss of the bank's property.

Sources informed that on Sunday the man went to the bank late and opened one of the windows then spilled petrol inside the building that resulted in a massive fire. The situation was later brought under control when firefighters reached the spot.

It was informed by police that the fire set by Wasim has resulted in damaging a huge amount of Rupees 12 lakhs including the destruction of other important properties of the bank such as CCTVs, computers, lights, printers, fans, passbook printers, cash counters, cash counting machines, important documents and others.

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