Bengaluru: A woman film producer has been arrested for failing to repay a 12-year-old loan taken from the owner of a production company.
The Chamrajpet police on Wednesday, March 21 arrested Jayasri Devi, who was sent to Central Prison in Parappana Agarahara after a city court sentenced her to simple imprisonment of one year as her cheque had bounced.
The case was registered before the 18th Additional Chief Metropolitan Magistrate (ACMM) court by Anand, owner of Ashwini Picture Production, after she failed to repay a loan of Rs. 34 lakh with interest.
According to the police, Jayasridevi had taken the loan during the production of a movie named ‘Habba’ 12 years ago. The court had sent summons to her on multiple occasions.
Jayshri Devi has produced several hit movies in Kannada including Sri Manjunatha and Amruthavarshini.
