Bengaluru: Corporate chairperson of Confident Group CJ Roy committed suicide by shooting himself in the head on Fridays in his Bengaluru office when the it was being raided by the Income Tax officials, the police announced. He was 57.
At an earlier time of the morning in the week, the Income Tax Department had raided the companies that were associated with him. The alleged revelation during the raids was that he had assets that were not in proportion to the known sources of income.
This is an incident that has occurred today in the Ashok Nagar Police Station limits in Bengaluru where the Confident Group Chairman shot himself. This led to the immediate transfer of him to a nearby hospital where he was taken dead as declared by doctors.
The Income Tax team had been searching within the premises since the previous 2,3 days. The family members who are outside of India are connected with the police. So far, it is a case of self-shooting, added he.
The Confident Group is a leading real estate developer, which is prominently found in various south Indian states, with most noteworthy observers being Kerala and Karnataka.
As sources indicate, Roy was agitated because of frequent IT raids.
Born in Kochi, Kerala, CJ Roy is a Malayalam filmmaker and director as well as a producer of films, among which was a big budget film, Casanova by Mohanlal (2012).
The real estate Group also sponsored a couple of season of the Malayalam television reality show of Bigg Boss Malayalam, hosted by Mohanlal.
“This incident happened at 3:15. We also are negotiating with IT officials. The IT raids were on going day three. We are checking who were among the people when the incident occurred. Kerala Information Technology squad raided the office. It is under investigation, further details would be provided once the investigation is over, he said.
Soon after he got into the privacy of his room, the situation became catastrophic as one single gun-shot was heard. They have reported that he made use of a personal pistol to inflict a fatal wound to his chest. Despite the fact that the officials in charge of the Income Tax on-site responded to the case with urgency to help him and rushed him to Narayana Hospital to access emergency medical treatment he was unfortunately declared dead on arrival. The police at the location have since closed down the scene to start investigations formally into the death.
Since Private planes to luxury cars collection
The career of Roy was the so-called rocketship. At the age of 36, he became a headline owner with his first personal aircraft that was allegedly bought without any mortgages to follow his debt-free policy. His interest in luxury went to a huge garage of luxury cars that includes automobiles of such brands as Porsche, and Rolls Royce.
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The Confident Group also was not a local player. Under the leadership of Roy, the conglomerate went international to India, the UAE and the USA. The group experimented both with the residential and commercial real estate to include Hospitality, Aviation and Entertainment that made Roy to film high-budget films such as the Mohanlal-starrer Casanovva.
Philanthropy and Education
In addition to the boardroom, Dr. Roy had also participated in funding various social causes. In 2025, he gave out scholarships of 1 crore to more than 200 students in Kerala and Karnataka in order to pursue their education in schools of their choice.
Before committing suicide Roy had boasted of having grander plans of extending this to 300 students in 2026 and education offered him the only weapon to put an end to the cycle of poverty.
Corporate cubicle to king of construction in Bengaluru
Roy did not begin on a silver spoon. He started working in the corporate world with Hewlett-Packard (HP) and then made a jump in the real estate industry in the mid-2000s. His famous quote is that he owed his success to a disciplined attitude towards land titles, such that each of his projects could be considered legally bulletproof delivered with this kind of conviction, and that is why the tax investigation now comes as a complete astonishment to his colleagues.
As police reports indicated, the Kerala IT team had been tracing down his properties and over three days, even before the incident happened, the team conducted Income Tax (IT) raids. Although he was rushed to Narayana Hospital, he was pronounced dead and the business world was mourning.
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