Real Estate Tycoon C.J. Roy Dies by Suicide at Bengaluru Office Amid Tax Raids

C.J. Roy, the 57-year-old chairman and founder of the Confident Group, died by suicide at his Bengaluru office on 30 January 2026, according to police. Roy, a prominent real estate developer with a significant presence in southern India, was found with a self-inflicted gunshot wound during or shortly after Income Tax Department raids on his business premises as part of ongoing tax scrutiny.

Police and sources say that raids by the Income Tax Department had been carried out at locations linked to Roy and his company earlier in the week, and he was reportedly under considerable stress ahead of the incident. Staff members discovered him after hearing a gunshot, and he was rushed to a hospital where he was later pronounced dead.

Roy’s Confident Group is a well-known real estate and infrastructure developer with projects across Karnataka and Kerala, and the firm has also been involved in film production and media sponsorships. His sudden death has sent shockwaves through the business community and sparked intense scrutiny of the circumstances surrounding the tax action and its possible impact on his state of mind.

Local authorities have registered a case and are investigating the incident, including the sequence of events during the raids and the reasons behind Roy’s decision to take his own life. The case has also drawn political reactions, including claims by some that the pressure from investigative agencies may have contributed to the tragedy, though official findings are still pending.