In a twist that silences speculation, Karnataka’s SIT has wrapped up its probe into Confident Group chairman CJ Roy’s suicide, attributing it squarely to prolonged depression rather than the simultaneous Income Tax operation. The 30 January self-inflicted shooting in his Bengaluru office stemmed from personal mental health battles, not official pressure.
Government-formed after public outcry over alleged IT harassment, the SIT delved deep. They found Roy grappling with depression for years, undergoing therapy and medication—which he discontinued weeks prior. This critical gap likely tipped the scales, investigators noted, though the exact origins of his condition remain elusive.
The raid itself was standard: an hour of queries and document demands. Roy complied with one set before returning to his room alone. The gunshot echoed through the building, prompting swift action from IT personnel who ferried him to medical care, where he was pronounced dead.
Beyond mental health, Roy’s empire faced headwinds. Central probes into project funding, investor demands, and tax scrutiny had piled on. Confident Group’s ambitious ventures now hang in balance, but the SIT cleared raid teams of wrongdoing after exhaustive reviews of procedures, finances, and witness accounts.
This revelation shifts focus to mental wellness in business circles. Karnataka authorities, true to Home Minister Parameshwara’s word, conducted a no-stone-unturned inquiry. Court filings loom, closing a chapter on a saga that gripped the state. Roy’s tragic end serves as a stark reminder: unseen struggles can fell even titans of industry.
