Probe into C J Roy’s death to be extended to film industry; political leader's name mentioned in suicide note

BENGALURU: More details have come out regarding the death of Confident Group Chairman C J Roy. According to reports, investigators have found documents indicating that Roy had been under severe mental stress for the last six months. Roy had no outstanding debt liabilities. He had accepted investments from political leaders and individuals from the film industry for real estate projects in Dubai and Kerala. However, some investors reportedly demanded their money back after suspecting that Roy could come under the scrutiny of central agencies. This is believed to have added to his mental pressure. Details of the investors have been mentioned in a note written by Roy.

Investigators suspect that Roy was under extreme stress as he was unable to disclose the sources of funds for several transactions, which may have pushed him towards the drastic decision. The probe is also being extended to his real estate transactions involving flats sold in Kochi last year. It is suspected that the sale of 156 flats in Kochi at prices allegedly far below their actual market value may have triggered the Income Tax Department’s raids on the Confident Group.

The investigation team is examining phone call records to identify whom Roy contacted just before his death. There are also reports that the nine-page suicide note found in his diary mentions the name of a prominent political leader. Investigators are also checking whether Roy was suffering from serious mental health issues. Sources said Roy had visited a doctor in Jayanagar in the days before his death.