Karnataka man sets bank fire after loan application is rejected, police say

Police registered a case under Articles 435, 436 and 477 of the Indian Penal Code (IPC)

Karnataka man sets his bank on fire ANI

In a shocking incident, a man from Haveri district in Karnataka allegedly set a bank on fire. Reports suggest he took an extreme step after his loan application was turned down by bank officials at the same branch.

According to police, the man, who wanted a loan, applied to the bank for the same. However, her loan application was rejected following verification of the documents. Bank officials refused to approve her loan application because her CIBIL score was low.

The accused, identified as Wasim Hazaratsab Mulla, is from the town of Rattihalli, according to a India today report. Mulla had submitted an application form for a loan from the Canara Bank branch located in the village of Hedugonda. The bank is under the jurisdiction of the Kaginele Police Station.

On the day of the incident, the man cycled in the wee hours of Sunday January 9. After smashing the windows of the bank, he poured gasoline on all bank documents, furniture, computers and other items as well. As a result, he set everything on fire which led to ashes.

When residents of Haveri District noticed smoke emanating from the bank, they rushed to the scene, wondering what the hell had happened. Upon reaching, they were shocked to know that the bank was on fire.

Residents immediately called the fire department and grabbed the accused there. They handed him over to the police.

Kaginele police are reported to have recorded the villagers’ statements and are investigating the case. The police registered a case under Articles 435, 436 and 477 of the Indian Penal Code (IPC).

Police also claimed that the bank fire caused damage worth Rs 12 lakh. There were at least five computers, lights, fans, passbook printer, documents, CCTV, bill counter and bill counters that were destroyed in the fire, police said.

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