Good evening sir, How are you ??

Due to financial issues i took ₹15k from one of my neighbour on 11th aug 2020 at the interest of 20%/month(₹3000/month), i was paying interest at time but in January 2021 something wrong happened and i was not able to pay him interest that month then he charged a penalty of ₹100/day till 10th of next month (interest payment date) in february also i was not able to pay and then he increased the penalty by ₹300/day and it puts too much burden on me because i had lost mine job and had no other ways of income so i was not able to pay him anything & he increased the penalty from 300 to 500 , 500 to 1000/day, then i took loan of 80,000 from somebody else and pay him (the first person to whom i take 15k) , but still some amount still reaming by march 2022…

In May 2022 the person from whom i took ₹80k was asking for his money back so unfortunately again i had to take those 80K from the first person from whom i took 15k in August 2020, at the interest of ₹19k/month + ₹3k that 15k which i took earlier, again i was paying him the interest at time but then again the same thing happened mine payment get delayed and this time he penalized ₹ 2000-2500 then ₹ 3000/ day, in short ₹90k+₹22k = (₹1,12,000/month) when i refused to pay the he frighten me by saying i will tell all this to your parents and neighbours and i can do anything to get my money back, i was scared and now he is asking me for ₹8lakh+95k = ₹8,95,000 net , and i had alreay paid him around 4 lakh (since september 2020 to January 2023 ),

I just want to know is there any legal way to get out of this situation ??
Help me out please