By I. Inojales | 10:22 AM January 16, 2026
CORELLA, Bohol — A 64-year-old man was seriously injured after he was allegedly assaulted and stabbed by his neighbor, also a senior citizen, over a long-standing debt dispute on Tuesday morning, January 13, in Purok 2, Barangay Cancatac, Corella.
The victim was identified as Carlos Ricalde, 64, married, and a resident of Purok 8 in the same barangay.
The suspect was identified as Primo Caybot Ongcoy, 70, married, and a resident of Purok 2, Barangay Cancatac.
Based on the investigation of the Corella Municipal Police Station, the incident occurred around 8:45 a.m. while Ricalde was riding his motorcycle on his way to the poblacion of Corella. Upon reaching Barangay Cancatac, he was reportedly flagged down by Ongcoy, who allegedly harbored resentment against the victim due to an unpaid debt dating back several years.
The two engaged in a discussion about the debt, which escalated into a heated argument. Police said the suspect then allegedly struck Ricalde on the head with a steel bar, causing him to fall. The suspect reportedly stabbed the victim on the left side of the waist using a knife.
Ricalde was immediately rushed to the Governor Celestino Gallares Memorial Medical Center in Tagbilaran City for treatment.
The suspect was arrested by responding police officers, who also recovered an 11-inch knife and a 22-inch steel bar (20 mm) believed to have been used in the crime.
Authorities are conducting further investigation, and appropriate charges are being prepared against the suspect.
