Debt-ridden businessman shoots himself after writing 4 suicide notes

[email protected] (CD Network)
June 10, 2014

Bangalore, Jun 10: A debt-ridden businessman ended his life by shooting himself in the chest in front of Taralabalu Kendra in R?T?Nagar police limits on Monday afternoon in Bangalore.

The deceased is Raghavendra (33), the eldest son of V Ramaiah, who retired as Deputy Commissioner of Police (Public Relations), Bangalore City, a year ago.

It is believed that he took the extreme step as he had suffered losses in business. He owned two trucks and operated them to transport sand. He was a partner in real estate and cement business with some of his friends.

Raghavendra pumped a single bullet into his chest with his father 's licensed revolver sitting in his car and died on the spot, police said. He would always carry his father 's revolver whenever he went to his farmhouse. Nobody in the family suspected when he went out with the weapon on Monday, as it was a routine affair.

Raghavendra had left four suicide notes addressed to his father, mother, wife and the RT?Nagar police inspector. In the letter to the inspector, he held himself responsible for the act and pleaded not to harass his family members for his act. He said he decided to take the extreme step due to a financial crisis, police said.

“It is a clear-cut case of suicide and there is no foul play,” DCP?(North) Sandeep Patil told Deccan Herald. A CCTV camera installed at the Taralabalu Kendra building captured the act.?The police would analyse the footage to ascertain how the incident took place, he said.

In the second letter addressed to his father, Raghavendra has apologised for his act.

He had borrowed Rs four lakh for his friend Umesh and Rs two lakh for himself. He found it difficult to repay the loans as his business did not progress as expected.

Two other letters were personal in nature as they were addressed to his mother and wife. Hence, the police did not open them and handed them over to the women, the DCP said.

All the four letters were word documents typed on a computer. He had given them to his car driver Manju, saying that the letters would be collected later. Manju handed over the letters to the police after the incident.

Raghavendra was married to Meena seven years ago and has two daughters. Earlier in the day, Raghavendra dressed up his daughters and sent them to school.

Clad in half-pants, he went out, informing Meena that he was going to a saloon. He sent a message to his friend?Madhu, using WhatsApp and requesting him to come near Taralabalu Kendra at 11 am.

He sent another message some time later, requesting him to be there by noon as he wanted to discuss a business issue.

He sent similar messages to a couple of his friends, said Raghavendra 's business partner.

“I called him up, but there was no reply. I contacted Madhu and we went there and noticed his car from a distance. It was parked on the roadside and his number was not reachable when we called,” he said.

They noticed him in the driver 's seat, leaning on the door. They grew suspicious as the doors were locked from inside. They then forced open the door. “We were shocked to see him in a pool of blood with injury marks on the chest. We rushed him to the hospital where he was declared brought dead,“ he said.

suicide

Comments

Lashonda
 - 
Wednesday, 23 Mar 2016

Hello, I believe your blog may be having internet browser compatibility problems.
When I look at your website in Safari, it looks fiune however, when opening in I.E., it has some overlapping issues.
I merepy wanted to give you a quick head up! Other than that, great website!

my homepage ...hard work (Jestine: http://metin3-game.com/wiki/index.php/Utilisateur:NydiaDasilva82)

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 Netwok
April 25,2020

Bengaluru, Apr 25: KPCC president D K Shivakumar, has alleged that BJP leaders from the state have sold rice that was meant to be distributed to the poor in Tamil Nadu.

Speaking to newsmen here on Friday, he stated that Congress fully supports the government’s work in the prevention of the spread of COVID-19, but maybe unknown to the Chief Minister, corrupt dealings are which we want to bring to his attention.

He alleged that 1,879 quintals of rice brought from Haryana have been illegally sold to a businessman in Hosur, Tamil Nadu.

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.
coastaldigest.com news network
April 30,2020

Bengaluru,  Apr 30: As many as 30 new COVID-19 cases have been confirmed in Karnataka from April 29, 5:00 pm to April 30, 5:00 pm, taking the total number of cases to 565, informed the State Health Department on Thursday.

Meanwhile, a total of 1,718 new cases were reported in the last 24 hours, taking the total number of cases to 33,050 in the country.

A total of 630 patients have recovered in the last 24 hours, as per the latest data provided by the Union Ministry of Health and Family Welfare.

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
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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.