The Special Investigation Team (SIT) has completed its investigation into the suicide of Confident Group Founder and Chairman C.J. Roy during Income Tax raids at his Bengaluru office. Officials revealed that Roy’s death was a result of suicide due to depression. The probe disclosed that Roy had a history of depression and had stopped taking his medication before the incident.
The investigation found that Roy had discontinued his prescribed medication about a month before his death, which officials believe might have influenced his decision to take his own life. However, the exact cause of his depression remains unknown. The inquiry also indicated that there was no evidence of external pressure contributing to his suicide.
Officials announced that the SIT is now preparing to present a chargesheet in court following the completion of the investigation. C.J. Roy allegedly shot himself at his Bengaluru office during an Income Tax raid, and police reported that he was alone in his office at the time of the incident.
The police investigation revealed that Roy shot himself after being questioned and asked for additional documents during the Income Tax raid. It was noted that Roy had been facing financial stress for months, with his business transactions under scrutiny by investigating agencies. The SIT examined various factors, including the Income Tax raid procedures and financial records, before submitting its findings.
