Student missing after investing educational loan into share market

by IANS |

Hyderabad, Sep 19 (IANS) An engineering student went missing after investing the educational loan taken from a bank into share market.

Rahul, a third year B. Tech student of a private engineering college in Hyderabad, went missing from a bus stand in Patancheru in Sangareddy district near Hyderabad.

According to police, the student hailing from Medak had taken Rs 1 lakh from his parents to pay the fee. He also obtained an education loan of Rs 1.10 lakh from State Bank of India.

As he had not paid the fee with this money, his parents pulled him up. He told them that he lent the money to his friend Jayavardhan in Patancheru.

Rahul's father Madhusudhan insisted that they should go to Jayavardhan's house. They left for Patancheru on a two-wheeler on September 15. When they reached Patancheru, Rahul asked his father to stop at the bus station to attend nature's call. Madhusudhan kept waiting but Rahul did not return.

The man later approached Patancheru police station and lodged a missing complaint. Police said they have registered a case and are investigating.

Latest News
Slack CEO to quit Salesforce in Jan 2023 Tue, Dec 06, 2022, 01:15 PM
After iPhones, Apple now plans to shift some iPad production to India Tue, Dec 06, 2022, 01:14 PM
Pakistan's Haris Rauf ruled out of Test series v England Tue, Dec 06, 2022, 01:13 PM
Neymar pays tribute to ailing Pele Tue, Dec 06, 2022, 01:12 PM
Brazil cruise past S.Korea 4-1; set up Last 8 clash with Croatia Tue, Dec 06, 2022, 01:10 PM
Tite hails Brazil's 'offensive boldness' Tue, Dec 06, 2022, 01:09 PM
Denmark saw record number of bankruptcies in Nov Tue, Dec 06, 2022, 01:08 PM
Turkish intelligence kills senior YPG member in Syria Tue, Dec 06, 2022, 01:07 PM
Violence, harassment at work affect nearly 23% of people globally: ILO Tue, Dec 06, 2022, 01:05 PM
Sweden's extradition of PKK member shows goodwill: Turkey Tue, Dec 06, 2022, 01:05 PM
Greek businesses, households shift to solar power amid energy crisis Tue, Dec 06, 2022, 01:04 PM
633 migrants rescued off Libyan coast in past week: IOM Tue, Dec 06, 2022, 01:03 PM
Diplomacy, foreign policy contributors honoured at UN with Diwali Foundation award Tue, Dec 06, 2022, 01:02 PM
Miscreants loot cash, jewellery worth Rs 30 lakh in Bihar's Samastipur Tue, Dec 06, 2022, 01:01 PM
'Flying Squad' formed to stop noise pollution in Goa Tue, Dec 06, 2022, 01:00 PM