30-year-old techie with 70K monthly salary hangs himself over Rs 1.5 lakh loan

News Network
October 31, 2018

Bengaluru, Oct 31: A 30-year-old software engineer allegedly committed suicide by hanging from the ceiling of his paying guest accommodation at Neeladri Layout near Electronics City, southeast Bengaluru, on Monday evening.

K Settu Kumar from Chennai was an employee of a leading IT firm in Electronics City. He is suspected to have taken the extreme step as he was saddled with loans totalling Rs 1.5 lakh, police quoted his father, Kumar, as saying.

“Settu’s monthly salary was over Rs 70,000 and it’s hard to believe that a Rs 1.5 lakh loan prompted him to end life. We’ve found six credit cards in his wallet and will verify how much he had spent using them. We’ve not found any suicide note,” a police officer said.

Settu moved to Bengaluru a year ago and was staying at Raghavendra PG in Neeladri Layout with two friends. On Monday, he told his roommates that he had taken leave and stayed back at home.

When his roommates returned from work at 7.30pm, the door was locked. They then peeped through the window and found Settu hanging.

The body was shifted to St. John’s Medical College Hospital. Settu had called his father and mother over phone around 2pm on Monday. “However, he didn’t give any indication about being upset over something,” police added.

Comments

Subbu Acharya
 - 
Wednesday, 31 Oct 2018

Six credit cards..! He enjoyed life with loan money

Danish
 - 
Wednesday, 31 Oct 2018

Is he took loan from local money lender cum goonda..?

Sruti Kotian
 - 
Wednesday, 31 Oct 2018

Just wasted life in tension. Poor techie

Vinod
 - 
Wednesday, 31 Oct 2018

Is he 'mentally sick'..! he can repay easy withinn three months or he can arrange money with the surety of his jog

Mohan
 - 
Wednesday, 31 Oct 2018

Some other reason might be there for the extreme step

Suresh
 - 
Wednesday, 31 Oct 2018

I have one friend. But he is still managing. He has many loans. He used to get scolded everyday. He is such a rare guy like vijay mallya and nirav modi

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News Network
April 13,2020

Bengaluru, Apr 13: Karnataka Chief Minister BS Yediyurappa today held a review meeting with his cabinet colleagues and senior officials regarding prevailing coronavirus situation and several other important issues in the state.

Chief Secretary TM Vijay Bhaskar was also present at the meeting. The possible situation once the COVID-19 lockdown is lifted was discussed along with the financial status of the state government and how to mobilise additional resources, sources said.

The Chief Minister also appealed to sugar factory owners to clear the pending payment to the tune of Rs 2834 crore to farmers in 11 districts. He also said that the government has released Rs 45 crore compensation to farmers for loss of paddy crop in Raichur and Koppal District due to hailstorm based on a report submitted by District Collectors.

Amid the lockdown distribution of free milk to the poor will also be continued for one more week, sources added.

The meeting also decided to speed up disposal of cases related to the regularisation of unauthorised constructions which are pending before the High Court and Supreme Court.

In addition to this, the government is planning to auction more than 12,000 corner sites lying idle in Bengaluru. An amendment to the law governing permission to allow sites in private and co-operative housing societies will be made. Hundreds of societies are waiting for approval from the government for releasing the sites, sources said.

It was also decided to utilise Rs 1,000 crore available at Rajiv Gandhi Health University to upgrade medical college hospitals.

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News Network
February 3,2020

Kasaragod, Feb 3: The third novel coronavirus case has been reported in India, with another Keralite student who returned from Wuhan University on Monday testing positive for the infection.

The medical student is in an isolation ward at Kanhangad government hospital in Kasaragod, Health Minister K K Shailaja informed the state assembly.

The condition of the student is "stable", she said.

Out of the 104 samples tested till Sunday, three have tested positive.

This is the third positive case reported from Kerala.

Two earlier positive cases, also of students who came back from Wuhan, the epicentre of the virus, were reported from Thrissur and Alapuzha districts.

The minister made the statement in the assembly under Rule 300 in the wake of three positive cases reported from the state.

A total of 1,999 people, who have a travel history from China and other affected countries, are under observation in Kerala, of whom 75 are in isolation wards of various hospitals.

The remaining 1,924 are under home quarantine as per a medical bulletin issued on Sunday night.

The minister has made it clear that those under observation at home should keep away from public functions and should not participate in any events or go out of their homes during the 28 day incubation period.

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News Network
June 25,2020

Bengaluru, Jun 25: State-run Kumara Krupa Guest House in the city will be used as 100-bed COVID-19 treatment center for the designated category patients, Karnataka Health Department Sources said here on Thursday.

According to official sources, one wing of the Guest House with 100-bed rooms of individual occupancy having all the facilities is reserved to work as Covid Care Center (CCC) and it will be used for Ministers, MPs, MLAs/MLCs, Senior officers of above Secretary rank for clinical management.

The total number of positive cases reported till date in the State has increased to 10,118, the sources added.

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