Sumesh Kumar, 40, who allegedly set on fire a private financier at Kaithappoyil near Thamarassery on Friday, was nabbed by the police from a hotel at Tirur in Malappuram district on Sunday.

The police said the financier, Saji Kuruvila, had turned down Kumar’s request for a loan, and the accused had locked horns with him. In the police investigation, it was found that Kumar first tried to seek shelter in a multi-storey apartment in Kozhikode city after the murder attempt. When it did not succeed, he left for Malappuram on his two-wheeler.

A crime squad member said it was the inquiry conducted on the basis of the information given by residents at a flat in Tirur that helped investigators track him down. Kumar was staying at the hotel after abandoning his bike nearby.

For more than a year, the accused, a native of Ernakulam, had been staying in a rented house near Kaithappoyil. When Kumar turned violent following the denial of loan, Kuruvila had captured Kumar’s visuals on his phone and sent them to his relatives. It was the video clip that helped the police identify the accused and nab him within two days of the incident.

Protest today

Leaders of All Kerala Private Bankers’ Association, who condemned the murder during a State-level meeting here on Sunday, said they would observe Monday as Black Day with the participation of around 10,000 private financing firms in Kerala. All 230 private banking firms affiliated to the association in Kozhikode district will remain closed on Monday as part of the protest, they said.

“We will place a request before the Chief Minister to ensure the protection of private financiers who work in the State complying with rules and regulations,” said association president Joseph Chothirakkunnel.

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