After Crypto, Instant Loan Apps Angle Emerges in B.Tech Student’s Alleged Suicide

The latest revelations about the mysterious disappearance of Nishank Rathore, a 20-year-old BTech student from Madhya Pradesh, suggests the youngster was going through mental stress as he was unable to repay lenders.

The police investigation revealed that Rathore had taken out several small loans from friends and instant loan apps, and was unable to repay them.

Police discovered during their investigation of Rathore’s mobile phone that he had taken out loans to meet his daily needs and invest in stock markets.

Police reported after asking friends and family that despite his inability to repay the loans, he had not received any threats or intimations from the lenders.

The investigation also revealed the store from which Rathore rented the Activa scooter which he rode on the slopes. It was not the first time he had rented a scooter from the same store.

Police are investigating whether instant loan apps secured access to his personal information through his mobile phone.

Also Read: SIT to Probe ‘Crypto Angle’ in Alleged Suicide of 20-Year-Old B.Tech Student – BusinessToday

As previously reported by India Today, Madhya Pradesh Home Minister Narottam Mishra had set up a Special Investigation Team (SIT) to investigate the matter. The SIT is also exploring whether there is a crypto trading angle to Rathore’s death, since he actively traded cryptocurrencies, based on his Instagram profile.

Rathore’s laptop was seized by police and is under forensic investigation.

Nishank Rathore, a 20-year-old engineering student from Madhya Pradesh, was found dead on a railway track in Raisen district on Monday July 25.

Harry L. Blanchard