Frightened by the income tax raid, millionaire CJ Rai shot himself.
CJ Rai, who owned assets worth thousands of crores of rupees, was a well-known real estate businessman in Bengaluru. He owned a large company with a high turnover called Confident Group. He was accused of tax evasion. Today, the income tax team raided his house, office, and other locations.
Panicked by the raid, real estate businessman CJ Rai shot himself in the head with his revolver in front of the income tax officers.
In #Bengaluru: #Confident (real estate) Group CEO C J Roy ends shoots himself to death at his office in Richmond Town following an income tax raid.
He is the Honorary Consul of Slovak Republic & has sponsored several reality shows (including in Malayalam)
Who was CJ Roy
CJ Roy, the founder and chairman of real estate major Confident Group, was found dead at his office in Bengaluru on Friday, according to the police.
Officials said the preliminary assessment points towards suicide, though the exact cause of death will be confirmed after the post-mortem examination.
Police sources stated that Roy sustained bullet injuries from his licensed firearm at his office near Richmond Circle, suggesting he may have shot himself.
After a gunshot was heard, employees rushed to his cabin and found him lying in a pool of blood.
He was immediately shifted to a hospital, where doctors declared him brought dead.