Hyderabad: A youth was murdered in a gruesome attack by his own friend during a late-night drinking session at Budvel, under the jurisdiction of Rajendranagar police station, on Thursday.
According to the police and local sources, the victim, identified as Siddharth Reddy, and his friend Sai Karthik had gathered in a room at Budvel on Thursday night for drinks. A heated argument broke out between the two over a financial dispute.
Investigators revealed that Sai Karthik had borrowed ₹8 lakh from Siddharth Reddy in the past, and tensions resurfaced on Thursday night when the topic came up again. Amidst the heated exchange, Siddharth Reddy allegedly attacked Sai Karthik, who succumbed to his injuries on the spot.
On receiving information, police rushed to the scene and collected preliminary details. The case has been registered and an investigation is underway.