The student, identified only as Kim, spread rumors that police killed a female student and cut off one of her fingers, the police said.
Kim was also suspected of collecting donations worth 20 million won ($20,000) from some 1,000 netizens after claiming he would advertise her death in newspapers.
And I rolled my eyes at the last line:
Students and civic groups in South Jeolla Province are protesting the arrest.
Of course they are. Anyway, the KT had an update on August 5th that I just found. What jumped out at me was:
Police said the 23-year-old student at Chosun University in Gwangju, spent part of the donation at massage parlors and night clubs.
The rest of the story is really confusing, so try to get through it on your own. I'm also puzzled by the last line:
Police sought an arrest warrant last Sunday but a court refused to issue one.