In his suicide note he accused the financier based in Madurai of charging exorbitant interest.
Reports also suggest that Sasikumar's Kodiveeran is set to release on November 30 but Ashok Kumar couldn't settle the money he borrowed. The financier who has political contacts had lent money to Kumar and had been pressurising and threatening him from the past couple of days.
In his suicide note, he claimed that it was his biggest mistake to have associated himself with the financier for more than seven years and he had paid exorbitant interest on the loans.
Ashok Kumar had co-produced films of Sasikumar including Eesan, Poraali and the yet-to-be-released Kodi Veeran.
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But minutes later, he added that his outfit would withdraw the protests if the royal family of Mewar was satisfied with the movie. "We want the scenes showing distorted version of history to be deleted before the film is released", said a member of the Samaj.
Following this, a senior police officer of the Chennai city police said that a case under Section 306 (abetment of suicide) of the IPC has been registered against the financier.
"Sasi, I couldn't bear the torture you are being subjected to", he said. "He was under extreme financial pressure", stated Sasikumar. "Suicide is not a solution and I hereby request Producers to reach out to us if they face such threats from Financiers, we will be more than happy to help them out". "Was the letter actually written by Ashok Kumar?" asked a press note signed by Gopuram Films Manager Murali. "We can't afford another loss like Mr. Ashok Kumar, my deepest condolences to his family on behalf of the film industry", tweeted Kamal Haasan.
"Directors Gautham Menon, Lingusamy and almost 75% of the producers were affected by Anbuchezhiyan, who also instructs and pressurises Imman regarding films, the composer should agree", Suseenthiran said.