KUNDARA: A cashew nut factory owner in Kundara was found haning in his factory that had been shut down.
The dead has been identified as Charuvila Puthenveedu resident Simon (40).

Simon had on Tuesday left home after lunch. As he didn’t return even after long hours, his mother went out in search of him only to find him hanging inside Nirmalamatha Cashew nut factory.

The factory has been shut down after Simon and his father Mathai, who was running it, had run into debt.

They had received bank notice for attachment of the factory. Though the minister had intervened and held talks with the bank, there was no use.

They are also said to have mortgaged the properties of their relatives. Simon is survived by wife Asha and children Sanjana and Alvin.

The body is kept in district hospital mortuary. The cremation will take place at 1 pm on Thursday at Nallila Bathel Orthodox church cemetery .

Kannallur police have initiated further procedures.