Raids were conducted in firms and houses of individuals engaged in illegal money-lending here on Wednesday.
The raids were conducted in different places under the Town Police Station limits. The police said that one Rajesh (30) from Manal here was arrested following the raid in his house and at his shop at the Caltex Junction.
The police said the raids were conducted by the special squad formed under the instruction of Superintendent of Police P.N. Unnirajan.
The police teams seized several documents showing illegal money-lending transactions. More people would be booked as the police team was examining the document, the police said.
The police informed that the raids were conducted following complaints by victims of money-lending individuals and groups. Circle Inspectors of the police stations led the raids.