Thane Additional Sessions Judge A S Jadhav pronounced Navi Mumbai resident Niteen Navle guilty and ordered the jail term in a recent order.
Additional Public Prosecutor Prakash Pujari told the court that Niteen Navle had borrowed Rs 20 lakh from the victim Kishore Patil (42) who operated an eatery in Ghansoli in the district.
Patil gave him a cheque of Rs 20 lakh. However, he stopped the cheque payment after he developed doubts that Navle might not return the money, he said.
A complaint was lodged by Patil's daughter, who used to assist him in the shop, following which a case was registered under relevant sections of IPC, Arms Act and Bombay Police Act, he said.
The court observed that there was no evidence against Navle under Arms Act and Bombay Police Act. However, he was convicted under section 324 (voluntarily causing hurt by dangerous weapons or means) of IPC.