Bengaluru: Prominent Bengaluru real estate developer and Confident Group founder Caesar Roy died by suicide at his Richmond Town residence while Income Tax officials carried out a raid, police said.
Senior police officers said Roy took the extreme step during the search operation at his home. Soon after the incident, police registered a case and launched an investigation to establish the sequence of events.
Income Tax teams had reached the residence as part of official proceedings, police said. During the operation, officers found Roy inside the house. Police alerted senior officials and shifted the body for post-mortem examination.
Police teams secured the premises and began collecting evidence. They also informed family members and recorded initial statements from officials present during the raid.
The incident sent shockwaves through Bengaluru’s business and real estate circles. Roy was a well-known figure in the city’s property sector and had built the Confident Group into a recognised brand over the years.
Colleagues and industry representatives expressed shock but avoided speculation. Many described Roy as an influential developer with a strong presence in the local market.
Police investigate Caesar Roy suicide case
Investigators are checking whether Roy left behind any note. They are also examining electronic devices to gather clues about his state of mind.
A senior police officer said the probe would focus on facts and timelines. The officer added that investigators would rule out any external involvement.
The Income Tax department has not issued a detailed statement on the raid so far. Officials indicated that they would follow standard procedures related to the search.
Police said the post-mortem report would play a key role in confirming the cause of death. They added that further action would depend on forensic findings and witness statements.
The investigation remains ongoing, and authorities said they would share more details after completing preliminary inquiries.
