Did K’taka Group Chairman C.J. Roy Take His Own Life During IT Raid?
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Key Takeaways
Bengaluru, Jan 30 (NationPress) C.J. Roy, the Founder and Chairman of Confident Group, reportedly shot himself at his office in Bengaluru on Friday. The motive behind this tragic event remains unclear.
Initial investigations suggest that Roy took this drastic step during an Income Tax raid. However, authorities have stated that this incident is under scrutiny.
The event took place at his establishment located on Longford Road in Bengaluru, falling under the jurisdiction of the Ashoknagar police station.
After visiting the site, Bengaluru Police Commissioner Seemanth Kumar Singh noted, "A case has been registered within the Ashoknagar police limits. It appears that industrialist C.J. Roy has shot himself. The body has been transported to Narayana Hospital in HSR Layout. Our SOCO team, along with ballistic experts, is currently investigating the scene."
The incident occurred around 3:15 PM, and the police are working to reach the Income Tax officers, who were not present at the scene. Reports indicate that questioning had been ongoing for the past three days, including today. Roy was interrogated earlier today, and the specifics of the questioning will be probed further, according to the Commissioner.
When inquired about whether charges of suicide or abetment to suicide would be filed, Commissioner Singh mentioned that the situation would be assessed. "Charges will be determined based on the complaint lodged. Ballistic experts will provide insights on the weapon used," he stated.
On the presence of IT officials during the incident, Commissioner Singh indicated that it is part of the ongoing investigation.
According to the Commissioner, the IT team arrived from Kerala, and further details are being gathered. Our priority is to investigate the crime and compile all pertinent information," he added.
Efforts are underway to reach out to the deceased's family, who are currently abroad and expected to return to Bengaluru later tonight.
A complaint has been filed by the company's director, prompting a formal case to be registered. While it initially appears to be a case of self-inflicted gunshot, a thorough investigation will be conducted into all the circumstances, according to the police.
Sources indicate that Roy shot himself in the chest while alone in his office on the first floor. Upon hearing the gunshot, IT officials rushed to his office and transported him to the hospital.
During the IT questioning, after about an hour, Roy was asked for additional documents following his submission of one set. He then returned to his office and allegedly shot himself.
The police have gathered details from the IT officers involved in the raid, and the firearm reportedly used by Roy has been secured. CCTV footage from the office premises is under review. Following preliminary questioning, the IT officials were allowed to leave the site.
Preliminary findings indicate that hundreds of employees were present in the office at the time of the incident. Authorities are also investigating whether Roy left behind any messages or a suicide note.
Moreover, police are analyzing why Roy was taken to a hospital located on the city's outskirts despite closer medical facilities being available.
Survived by his wife, son, and daughter, Roy hailed from Kochi, Kerala, and established his career in Bengaluru. A car enthusiast, he owned a fleet of luxury vehicles, including models from Rolls-Royce, Lamborghini, and Bugatti. He was also known for his love of the Kannada language and his support for local cultural initiatives.
The Confident Group stands as one of India's leading real estate firms. Police reported that the Income Tax Department officials arrived in two vehicles for the raid. Roy, who reported to work around noon, took this extreme step by shooting himself.
According to police, Roy's family is involved in various business ventures, and he was facing multiple legal challenges. The precise reason for the suicide is still under investigation. Senior police personnel are currently on-site for further inquiries.
Initial investigations suggest that Roy may have been driven to this tragic decision due to the ongoing IT raids. The authorities also conducted raids on his properties in Bengaluru on the same day. The definitive cause will be established once family statements are taken and preliminary investigations are completed.
Roy was recognized for his approachability and frequently shared his success narrative with youths through public engagements and reality shows. He maintained a strong presence on social media.
Founded 19 years ago, Confident Group operates as a conglomerate with diverse business interests across India, the UAE, and the USA. The company is known for creating and delivering several reputable real estate projects in Bengaluru, Kerala, and Dubai.
Roy was also known for his philanthropic efforts, assisting underprivileged students and generously rewarding reality show winners. Further information regarding this incident is awaited, with the body currently at Narayana Hospital in Anekal, on the outskirts of the city.