Real Estate Magnate CJ Roy Found Dead in Bengaluru Office; Police Suspect Suicide
CJ Roy, the founder and chairman of real estate firm Confident Group, was found dead in his office in Bengaluru on Friday. Officials confirmed that the death appears to be a case of suicide, following ongoing Income Tax raids. Bengaluru City police commissioner Seemanth Kumar Singh stated that Roy died from self-inflicted bullet injuries.
An incident occurred today within the limits of Ashok Nagar police station, where the chairman of the Confident Group, CJ Roy, shot himself. The Scene of Crime Officer (SOCO) team and the Forensic Science Laboratory (FSL) team are investigating the matter. Roy was immediately taken to a nearby hospital, where he was declared dead, Singh told news agency ANI.
The police are in contact with the family members, who are currently not in India and are expected to arrive by flight today. As of now, it appears to be a case of suicide. According to preliminary information, an Income Tax raid had been going on for the past two days. There had been raids before as well, and the police are yet to have the full details of these incidents.
Further investigation into the case is underway. CJ Roy, born in Kerala and raised in Bengaluru, pursued his education in France and Switzerland. He later worked for Fortune 500 company Hewlett-Packard before returning to India to start his own business. Confident Group, which he founded, entered the real estate sector in 2006 and has since expanded its presence, including offices in the Middle East.
The tragic death of CJ Roy has shocked the real estate community and raised questions about the pressure faced by business leaders during regulatory investigations. The police are working diligently to gather all the necessary information and provide a comprehensive report on the incident.