Bengaluru – In a shocking development on Friday, Confident Group founder and chairman CJ Roy was found dead at his residence in central Bengaluru while Income Tax authorities were conducting raids on premises linked to his firm. The 57-year-old real estate tycoon’s death has sent shockwaves through the business community, with police investigating the incident as a suspected suicide case.
Discovery at Langford Town Residence
CJ Roy found dead with bullet injuries at his bungalow in Langford Town, a prominent locality in central Bengaluru. Income Tax officials who were present at the premises during the search operations made the grim discovery. Deputy Commissioner of Police Akshay Hakay confirmed that the real estate baron was immediately rushed to a private hospital for emergency medical treatment.
Following initial treatment, he was shifted to Narayana Hospital in HSR Layout for advanced care. However, medical professionals at the facility declared him dead upon arrival. The incident occurred while tax authorities were conducting coordinated searches at multiple locations connected to the Confident Group, marking a tragic end to what appeared to be routine tax investigation proceedings.
Police Investigation Underway
Bengaluru Police Commissioner Seemanth Kumar Singh visited the scene shortly after CJ Roy found dead, overseeing the initial investigation process. A case has been registered at Ashok Nagar police station based on a complaint filed by an executive at Roy’s firm. The commissioner stated that prima facie evidence suggests the industrialist shot himself, though comprehensive investigations are ongoing.
The Scene of Crime Officer team, ballistic experts, and other specialized officials arrived at the location to conduct thorough forensic examinations. According to Commissioner Singh, the incident took place at approximately 3:15 pm on Friday. The body was shifted to Narayana Hospital in HSR Layout for further examination and procedural requirements.
Timeline of Events
According to officers familiar with the details, Income Tax questioning had been taking place at the premises for three consecutive days, including Friday when CJ Roy found dead. The real estate tycoon was questioned on Friday, with the session concluding around 3:15 pm. Officials revealed that Roy was allegedly in his first-floor office chamber when the fatal shot was fired.
Also Read: Shocking 1 Arrest Sparks Public Outcry in Mysuru
The questioning session reportedly occurred between 12 pm and 1 pm. By 3:15 pm, when the questioning concluded, Roy mentioned he would make a call to his family before returning. He then went into another room where the tragic incident occurred. This timeline has become crucial for investigators attempting to understand the circumstances surrounding the death.
Tax Investigation Background
Bengaluru City Police confirmed that tax authorities were conducting coordinated searches at multiple locations connected to the Confident Group when CJ Roy found dead. The company, a major developer in the luxury housing markets of Bengaluru and Kerala, has been involved in various tax disputes and appeals before the Karnataka High Court and the Income Tax Appellate Tribunal.
The searches had been ongoing for three days prior to the incident. Commissioner Singh indicated that investigators would examine what exactly transpired during the questioning sessions. When asked whether charges of abetment to suicide might be added to the case, Singh stated that the matter remained open and charges would be framed based on the complaint filed.
About CJ Roy and Confident Group
The real estate magnate had built a significant presence in the luxury housing sector across Bengaluru and Kerala. Confident Group, under his leadership, became a prominent name in the real estate industry, developing numerous high-end residential projects. The company’s involvement in tax disputes and legal proceedings before various tribunals indicated the complexity of its business operations.
Following the news that CJ Roy found dead, the Confident Group released a statement on social media platforms mourning the demise of their founder. The statement read, “Our beloved leader has departed from us, but not from the path he showed us,” reflecting the organization’s grief and acknowledgment of his contributions to the company’s growth.
Legal and Investigative Questions
The case raises several questions regarding the circumstances that led to the tragedy. Police are investigating whether the incident should be treated solely as suicide or if additional charges might be warranted. The presence of Income Tax officials during the incident adds another layer of complexity to the investigation, though officials from the Income Tax office in Kochi did not respond to requests for comments.
Officers conducting the investigation have requested anonymity while sharing preliminary details about the sequence of events. The exact nature of the questioning, the content of discussions, and Roy’s state of mind during the tax investigation will form crucial aspects of the ongoing probe.
Community Response
The news that CJ Roy found dead has deeply impacted the business community in Bengaluru and Kerala. As a prominent figure in the real estate sector, his sudden death has raised concerns about the pressures faced by business leaders during tax investigations and regulatory proceedings.
The incident highlights broader questions about mental health support for corporate executives facing intense regulatory scrutiny. As investigations continue, authorities are working to establish a complete picture of the events leading to this tragic outcome, with CJ Roy found dead under circumstances that have shocked the corporate world.
