The arrest was based on a complaint filed by Salem-based distributor T.S. Selvaraj.
According to the complaint, Selvaraj brought the Salem distribution rights of Theerada Vilayattu Pillai for a sum of Rs. 1.25 crores but Sun Pictures later released the film directly with the help of local theatres.
When Selvaraj demanded a sum of Rs. 82.53 lakhs, Saxena allegedly delayed repaying the sum and threatened him.
Hansraj Saxena has been remanded in judicial custody.
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