India, May 15 -- Five men were arrested in Faridabad for allegedly stabbing a man to death on Monday after he failed to repay a loan to the lender, police said on Thursday.

Police identified the deceased as Viresh Kumar alias Nanhe, 27, who lived in Sai Colony, Faridabad. Police said raids are ongoing to arrest the money lender, who is currently absconding.

According to police, Viresh was chatting with his brother, Mukesh Kumar, near his home on Monday when five men, armed with metal rods and sticks, arrived in an i20 car and assaulted him.

Police said one assailant was armed with an icepick and stabbed Viresh multiple times in the chest, abdomen and neck, leaving him critically injured. Viresh was rushed to a nearby hospital before be...