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

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
July 8,2020

Udupi, Jul 8: A 15-year-old boy belonging to Saligrama in Udupi district, who was under home quarantine with his mother, allegedly committed suicide by hanging himself yesterday.

His throat swabs were sent for testing. The report received today and it showed that he did not have coronavirus.
 
The boy, a class ten student studying in Kota, was quarantined along with his mother at home after a person in a family, where she was working as a maid tested positive for Covid-19.

The boy is suspected to have taken the extreme step out of depression as he was not allowed to go out. The last rites were held today.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 29,2020

Mangaluru, Mar 29: Dakshina Kannada Co-operative Milk Producers’ Union Limited in a statement announced that their milk collection centres across Dakshina Kannada and Udupi districts will be closed on March 29 and 30.

Due to a shortage of storage space with them, the Union has decided to stop collecting milk on these two days, according to the statement issued here on Saturday.

The sale/retail of milk and milk products won’t be affected in these two days.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 3,2020

Bengaluru, Jun 3: Deputy Chief Minister CN Ashwath Narayan on Tuesday invited investors in the Electronics System and Design Manufacturing (ESDM) sector to Karnataka, as the state contributes 64 per cent to the sector's total exports from the nation.

During a video conference organised by Invest India for a few select states with leading ESDM players across the globe, Narayan said, "We are the largest chip design hub and home to 70 per cent of India's chip designers."

Karnataka has introduced industry-friendly policies from the beginning and it continues to be the leader in attracting technology-specific investments, he added.

"Karnataka has an estimated GSDP of almost USD 220 billion. We were the first to come out with IT, BT, ESDM, and AVGC (Animation, Visual Effects, Gaming, and Comics) policies to give a push to the growth of the technology sectors and innovation. We also have vibrant automobiles, agro, aerospace, textile and garment, and heavy engineering industries," Narayan explained.

"We have created sector-specific SEZs for key industries such as IT, biotechnology and engineering, food processing and aerospace,'' he said.

However, the state government is planning ahead as it has initiated talks with other countries.

"We have held multiple consultations with the private sector to seek inputs for returning to business as we ease the COVID-19 lockdown restrictions. We are also initiating dialogue with countries across the globe to understand future plans for their companies in the post COVID era and discuss how the Karnataka government can support that," the Deputy Chief Minister stated.

"Karnataka has attracted cumulative FDI inflows in the state from 2000 to 2019 which were recorded at USD 42.3 billion," he said.

Referring to the Karnataka ESDM policy 2017-2022, Narayan further said, "We aim to stimulate the growth of 2,000 ESDM start-ups during the policy period and create 20 lakh new jobs by 2025.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.