Real Estate Tycoon CJ Roy Dies by Suicide Amid Income Tax Raid in Bengaluru

• CJ Roy, chairman of Confident Group, allegedly shot himself during an Income Tax Department raid at his Bengaluru office.
• The incident occurred on Friday afternoon after Roy was questioned for an hour and went to his private chamber.
• He was rushed to Narayana Hospital but was declared dead; police seized his licensed pistol.
• Karnataka Deputy CM DK Shivakumar alleged mental harassment and ordered a high-level inquiry into the incident.
• Roy was known for his lavish lifestyle, owning luxury cars like a Bugatti Veyron, and his group has projects in Bengaluru, Kerala, and Dubai.

Why It Matters: Real estate magnate CJ Roy died by suicide during an IT raid, prompting a high-level state inquiry.