Mon Nov 03 11:04:04 UTC 2025: Here’s a summary of the text:
A Chennai-based financier, S. Selvakannan, was abducted and assaulted by a man, Saravanan, and his associates after selling a car that Saravanan had pledged to him as collateral for a loan. Saravanan, upset that Selvakannan sold the car without informing him, filed a police complaint. Following a police station visit, Saravanan lured Selvakannan to a bar, then abducted him, demanding money and attacking him with a knife. Police have arrested Saravanan and two associates, recovering the car and weapon. They are searching for other suspects.
Here’s the text rewritten as a news article:
Chennai Financier Abducted and Tortured Over Car Sale; Three Arrested
CHENNAI, November 3, 2025 – The Triplicane police have arrested three men in connection with the abduction and assault of a local financier, S. Selvakannan, 53, of Nungambakkam. The incident stems from a dispute over the sale of a car that had been pledged as collateral for a loan.
According to police reports, Saravanan, also known as ‘Linga’ Saravanan, 33, had initially secured a loan of ₹2 lakh from Selvakannan, using his car as collateral. Selvakannan, in turn, borrowed the money from a friend, Benny, to provide the loan. After Saravanan failed to make interest payments for three months, Selvakannan sold the car without notifying Saravanan.
Upon discovering the sale, Saravanan filed a complaint with the Triplicane police. After a visit to the police station, Saravanan allegedly lured Selvakannan to a local bar under the pretense of settling the matter peacefully. Instead, Saravanan and his associates abducted Selvakannan, taking him to Ayodhiyakuppam. There, they demanded ₹5 lakh for his release, subjected him to verbal abuse, and physically assaulted him with a knife.
Selvakannan managed to raise an alarm, drawing the attention of passersby. Saravanan and his associates fled the scene in their vehicle.
Following Selvakannan’s complaint, the Triplicane police launched an investigation and arrested Saravanan, along with two accomplices: Sivanandam, 45, from Nanganallur, and Murali, 39, from Pozhichalur. The vehicle used in the abduction and the knife used in the assault have been recovered.
“We are actively pursuing leads to apprehend any other individuals involved in this crime,” stated a police spokesperson. The investigation is ongoing.
First Piper 