In a stunning turn during an ongoing Income Tax probe, Confident Group chairman suicide rocked the city as billionaire CJ Roy shot himself at his office near Richmond Circle on Friday afternoon. The 3:15 PM incident unfolded amid a three-day IT raid Bengaluru by Kerala IT officials, leaving investigators probing if agency pressure played a role.
Timeline of the Tragedy
Roy, 58, was reportedly questioned daily since January 28. Police sources say IT teams first visited in December 2025, summoning him from Dubai. His elder brother alleged harassment, stating, "He had no debts—IT officers must explain." No IT personnel were at the scene when police arrived; officials vacated promptly. Roy's body went for post-mortem at Bowring Hospital, where his wife Lini and son Rohit arrived Saturday.
A Confident Group director filed a complaint, prompting police to weigh unnatural death vs. abetment to suicide charges. They're scanning CCTV, records, and digital trails—no suicide note confirmed yet.
Lavish Empire Under Scrutiny
Kerala-born Roy built Confident Group into a real estate giant across Karnataka, Kerala, and Dubai, boasting ₹9,000 crore in luxury assets. His Instagram flaunted over 200 supercars—12 Rolls-Royces, Bugatti Veyron, Ferrari, Lamborghini—plus a private jet and helicopters. A recent photoshoot with his new Rolls-Royce highlighted his flair.
Roy's car obsession started young: Shooed from a Bengaluru showroom at 13, he vowed luxury. He bought his first jet loan-free at 36, produced four Malayalam films, and in 2025 repurchased his 1994 Maruti 800 for ₹10 lakh reward.
Political Response and Ongoing Probe
Karnataka Deputy CM DK Shivakumar vowed a high-level inquiry: "The truth will emerge." This CJ Roy death spotlights tensions in business-IT clashes, especially with 2026 elections looming—why it matters now as public demands transparency in high-stakes raids.
Key Takeaways:
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Probe Focus: IT raid details, seized docs, witness statements.
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Family Angle: Survived by wife Lini, son Rohit, daughter Riya.
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Business Impact: Confident Group's projects under watch.
Police continue digging all angles, from raid sequence to potential coercion. This Confident Group chairman suicide raises tough questions on probe ethics amid opulent lives crumbling under pressure.
