Confident Group Chairman 'CJ Roy' Shoots Himself After Tax Raids !

The founder and chairman of the real estate company Confident Group, CJ Roy, shot himself to death in his Bengaluru office on Friday, according to police, who are treating the incident as a suicide. Roy apparently took this drastic measure out of concern that his offices would be the target of additional income tax raids.

Confident Group Chairman Found Dead

The event happened on Thursday, only hours after investigators from the Income Tax Department searched the Kerala-basedcompany's headquarters on Richmond Road in the city. According to reports, the action was a component of an investigation into alleged assets that were out of proportion to the recognized sources of income of confident group chairman.

Shoot Him With a Gun

Staff members raced to his room after hearing a gunshot inside the residence and discovered him lying in a pool of blood, sources said news agency PTI.

Roy may have shot himself, according to police, after he was shot with his licensed pistol. An inquiry is underway, and a case has been filed.

Maybe Cause Of Income Tax Raid - Bengaluru City

Seemanth Kumar Singh, the commissioner of Bengaluru City Police, verified the event and stated that the tax searches had been taking place for the previous two to three days. Roy was taken right away to a neighboring hospital, where he was pronounced dead. We do not know every detail. A Keralan team had arrived.Family members who are not in India are contacted by the police.

They are traveling by plane today. It is a self-shooting situation right now," he stated. Income tax raids lasted for two to three days, according to preliminary evidence.There was also a raid earlier. We do not yet got information on them," he continued.

Karnataka's State Deputy CM Reacted to This Incident

The state government would carry out a high-level probe, according to Karnataka Deputy Chief Minister DK Shivakumar, and "that the truth will come out." During the raids, he denounced the "harassment" of the income tax officers of the confident group chairman. The income tax officials arrived and carried out an investigation. He asked them to allow me five minutes while they were questioning him, and I completed this.

He stated, "This should not have occurred. They told me that a team had traveled from Kerala to conduct the investigation.Additionally, Delhi has requested that we provide a report. We will look into this issue, and our government will make sure that the public is aware of what justice and the truth are," he continued.

Officers said no final conclusion would be drawn until the post-mortem examination and forensic analysis are complete of confident group chairman.