A day after 40-year-old share trader Sagar Gaikwad killed his wife, child and mother over his frustration of not being able to repay his loans, ('Unable to pay Rs 8-lakh loan, man kills wife, child and mother') the Wanawadi police have arrested Ravi Narsingh Pawar, a moneylender, who had given Gaikwad a loan.


In the net: Sagar Gaikwad (centre), who confessed to killing his family, has been remanded to police custody till April 15 

Cops said that Pawar was arrested for failing to possess a valid licence, which is mandatory under the Money Lenders Act.