Bengaluru police confirmed that C.J. Roy, chairman of real estate firm Confident Group, died by suicide inside his office while Income Tax officials conducted a raid on the premises.
Roy, 57, was found with a self-inflicted gunshot wound in his chamber at the company’s Richmond Circle office on Wednesday. Officers rushed him to a nearby hospital, where doctors declared him dead on arrival.
Raids halted after shooting
Income Tax teams had been searching the office and other locations tied to Roy for two to three days. The investigation targeted assets reportedly disproportionate to his known income sources.
After the incident, the department suspended the search and left with several bags of documents. Officials took the materials in official vehicles for further review. A pistol believed to be the weapon used was recovered from the scene and sent for forensic examination.
Bengaluru Police Commissioner Seemanth Kumar Singh told reporters that a case of unnatural death has been registered. Statements from officials and office staff present at the time are being recorded.
The family is currently outside India, and police are coordinating with them.
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Sources close to the businessman said Roy had faced mounting pressure from ongoing tax scrutiny. Insiders described him as visibly strained in recent weeks, though no official statement has confirmed the cause of his distress.
Confident Group, established by Roy in 2006, operates mainly in Karnataka and Kerala. The firm develops residential, commercial, and hospitality projects. It claims to be debt-free, having completed over 165 projects covering more than 43 million square feet.
The company also served as title sponsor for multiple seasons of the reality show Bigg Boss Malayalam, hosted by actor Mohanlal. Roy had backed films like Casanova (2012), starring the same actor.
Forensic reports and additional details from the investigation are expected soon.
If you or someone you know is struggling with suicidal thoughts, help is available through local mental health crisis hotlines.
