A woman and her lover in Gujarat's Prantij allegedly conspired to murder an IIFL Finance branch manager to avoid repaying a ₹6 lakh loan and to reclaim pledged gold jewellery.
- IIFL Finance Mansa branch manager Bharat Chaudhary was murdered.
- The motive was to avoid a combined loan repayment of ₹6 lakh.
- The accused also intended to illegally recover pledged gold jewellery.
- One female accused is arrested; the male accomplice is absconding.
In a chilling incident from Gujarat's Sabarkantha district, a woman and her long-term lover have been accused of orchestrating the murder of an IIFL Finance branch manager. The Prantij police revealed that the brutal crime was motivated by a desire to evade a substantial debt and reclaim gold assets pledged against loans.
The victim, identified as Bharat Chaudhary, was the manager of the IIFL Finance branch in Mansa. Chaudhary had been missing since September 2, and his lifeless body was eventually discovered inside his vehicle near Limla village in the Prantij taluka. The investigation was rapidly accelerated following the discovery of his body with fatal injuries to the neck.
The Murder Plot Unveiled
According to the detailed police investigation, the accused woman, Bhavna alias Bhavu Thakor, had taken a loan of ₹1.50 lakh, while her lover, Yogesh Thakor, had borrowed ₹4.50 lakh. To avoid the burden of these combined instalments and to retrieve their pledged gold jewellery, the duo hatched a deadly plan to eliminate the branch manager.
The execution of the crime involved a deceptive lure. Bhavna reportedly contacted Chaudhary under the pretext of settling part of the payment, prompting him to travel to Prantij. Yogesh then intercepted Chaudhary in Mansa, picking him up in a car. Once they reached the secluded area of Vadvasa, Yogesh attacked the manager with a sharp-edged weapon inside the vehicle, resulting in instant death.
Why This Matters
BozokMedia analysis shows that such incidents highlight the growing intersection of financial desperation and violent crime. It underscores the vulnerability of banking officials when dealing with high-risk defaulters and the critical need for enhanced security protocols during field visits and debt settlements.
The calculated nature of this crime demonstrates how financial liabilities can escalate into extreme criminal violence when coupled with criminal intent.
Following the murder, the suspects attempted to dispose of the body and the vehicle in an isolated location. However, their plan faltered when the car became stuck in a roadside ditch near Limla. Fearing immediate detection, the suspects abandoned both the vehicle and the corpse before fleeing the scene.
Frequently Asked Questions
1. What was the total loan amount involved in this case?
The combined loan amount taken by Bhavna and Yogesh was ₹6 lakh.
2. Is the main accused still at large?
Yes, while Bhavna has been arrested, Yogesh Thakor remains absconding and is being pursued by multiple police teams.