Harmit Singh consumed pesticide yesterday after he got to know that the land he had mortgaged for a loan was going to be sold, police said, adding, he was rushed to a hospital where he died during treatment.
In his complaint, Ishpreet Singh, son of the deceased said that his father had taken a loan of Rs 3 lakh from a commission agent but due to high rate of interest the amount swelled to Rs 15 lakh.
Harmit reached out to the agent after learning that the latter was going to sell the land but his request was turned down, they said.
The deceased was an alcoholic, police said, adding, an investigation has been initiated in the matter.