Kapil Chit Funds — Issues regarding fraud services

I am P. Srinivas Goud.
My chit details are: KAPIL CHITS-TELANGANA: BHONGIR branch (TBGT06J-21)
I have issues regarding against fraud services of Bhongir branch.
I wanted to withdraw amount from my chit. Because of my emergency I auctioned my chit at loss. Now, to get my money, your branch has forced me to put eleven months vacant chit worth of 5, 00, 000 rs saying that if I don't put this chit, I won't be getting money for a period of three months. These conditions were not informed to me before my auction of the chit. Since, I am in urgent need of money, I agreed to it. My chit action was in August, your branch has given me commitment to provide money on 1st October, but it failed to deliver its promise of giving money not only on 1st October but also it failed for two more times.
On its first failed commitment itself, I lost my confidence on this company and I informed the company, my decision not to put any further chits. Now, after my repeated withdrawal requests, he finally credited my amount on 19 October but he reduced the amount without my knowledge and permission. I am having all evidence of voice records to support my claims.
If my complaints are not addressed, I am willing to proceed legally.
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