Wittness to chit fund company

I am employee of LIC and I have given witness to my neighbour who had taken chit of Rs.10 Lakhs from chit fund company in the year 2007 and he had not paid blanc e amount of Rs.1.5 lakhs. Now he was not here and where he is not known. I and other 2 persons given surety for this chit fund company. Now Chit fund company coming to my house and telling that case aginst him was declayed and court persons will be coming to my house and telling that they will recovering your assets if u not pay and other 2 persons where not available. If the 2 persons will not be available, I use to pay the whole amount. Please give me adivise is court persons recover my assests which was not mine it is my father property