A 44-year-old man from Coimbatore was arrested by the police after he assaulted the chief manager of a bank and threatened him with an air pistol, in the latters cabin, on Tuesday over alleged non-sanctioning of a loan, sources said.
The arrested, K. Vetrivelan from Somayampalayam, also attacked a middleman who had promised to arrange the loan and a few bank staff who tried to save the chief manager.
The police said that Vetrivelan had approached the Ramanathapuram branch of Canara Bank through a middleman named Gunabalan, seeking a loan of 1 crore in March this year.
The chief manager, Chandrasekar, reportedly informed Vetrivelan, who runs a small scale industry at Somayampalayam, that the bank was unable to process the loan request.
Irked over multiple visits to the bank and alleged denial of loan, he visited the bank around 11.20 a.m. on Tuesday and resorted to the attack. The police said that he had also carried a razor blade to threaten the bank manager and the middleman.
The Race Course Police, who arrested Vetrivelan late on Tuesday, said that he had already availed himself of a loan of 25 lakh from another bank a few years ago. He met Gunabalan in March this year and who allegedly promised to arrange another loan of 1 crore from Canara Bank. However, the loan request was not processed since March, said the police.
Vetrivelan was arrested for offences under Sections 352, 452, 420 and 506 (ii) of the Indian Penal Code.
The police seized the air pistol and pellets from him. The bank provided the police a CCTV visual of Vetrivelan attacking the chief manager, the middleman and bank staff.