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
January 27,2020

Mysuru, Jan 27: Chief minister BS Yediyurappa on Sunday refused to field questions on the state’s finances, merely saying his budget on March 5 will do the talking. The question came in the wake of Siddaramaiah, leader of the opposition, claiming recently that the state’s coffers were dry and its finances were in the doldrums.

However, Yediyurappa insisted the state’s finances were sound and it will be better once promises made by the business community during his trip to Davos turn into concrete investment.

“I will present the budget for 2020-21 on March 5. People will then know about the state’s financial position,” Yediyurappa said during a visit to Suttur Mutt on Sunday. “I will answer Siddaramaiah’s comments during the forthcoming budget session of the state legislature. The Davos meet I attended will benefit the state immensely. It will bring huge investments that will promote industry and agriculture growth and various job-generation activities.”

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News Network
April 10,2020

Mangaluru, Apr 10: Complaints have been registered after it came to light that the conditional permission to enter the Dakshina Kannada district for non-COVID-19 patients from Kerala has been misused on two occasions.

Police said on Friday that the Patients are allowed into the district after filling an online form and getting it authorised from the medical officer from Kasargod district hospital.

On April 9, a patient had arrvived at the district hospital complaining of head ache. After preliminary check up by the physician he left in an ambulance that had arrived from Kasargod earlier carrying another patient without informing the physician.

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News Network
June 12,2020

Bengaluru, Jun 12: All the four candidates, including former prime minister H D Deve Gowda (JDS), and senior Congress leader Mallikarjna Kharge, on Friday were declared elected unopposed to the Rajya Sabha from Karnataka.

Karnataka Assembly Secretary sources here said that all the four candidates, who were in the fray for as many berths, were elected after the last date of withdrawal of candidature ended on Friday.

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