New Delhi: Confident Group founder and chairman CJ Roy, who allegedly died by suicide on Friday, was known for his flamboyant lifestyle, with social media flooded with pictures and videos of his car collection, most notably the world’s fastest road-legal car, the Bugatti Veyron.

CJ Roy allegedly shot himself dead on Friday afternoon at his office in Bengaluru amidst an Income Tax raid.

The Bengaluru-headquartered Confident Group, founded nearly two decades ago, has real estate projects across Bengaluru, Kerala, and Dubai.

Also read | ‘He was a man of great self-respect who never said no’: Gokulam Gopalan on CJ Roy’s death

“Let the truth come out”: Brother points to Income Tax issue

Speaking to ANI, Roy’s brother, CJ Babu, said an ongoing Income Tax matter was the only known issue troubling the businessman and asserted that there were no loans or threats against him.

“I have to meet the family to discuss the cremation. No other...Other than the Income Tax issue, he had no other issues. That I am very sure of. He didn't have threats or loans. But I don't know what happened with the Income Tax. I will have to go and find out...Let the truth come out. Let us see what will happen...I last spoke with him at 10.40 am yesterday. He called me twice...I will see what the other office staff have to say, I will meet them and get back to you,” Babu said.

He added that the family’s immediate focus was on completing the cremation and gathering more details from company staff.

Earlier on Saturday, Roy’s wife Lina Roy and son, Rohith Roy, reached the post-mortem centre at Bowring Hospital in Bengaluru, accompanied by Karnataka Pradesh Youth Congress Committee president Mohammed Nalapad.

Police said forensic teams, including the Scene of Crime Officer (SOCO) and Forensic Science Laboratory (FSL) units, are examining the case. Income Tax officials had reportedly been conducting searches at Roy’s premises for the past two to three days.

Bengaluru City Police Commissioner Seemanth Kumar Singh said, “An incident occurred today within the limits of Ashok Nagar police station, where the chairman of the Confident Group (CJ Roy) shot himself. The SOCO and FSL teams are investigating the matter. He was immediately taken to a nearby hospital, where he was declared dead.”

He added, “The Income Tax team had been searching his premises for the past 2-3 days. A team from Kerala had also come. The police are in contact with the family members, who are currently not in India and are arriving by flight today. As of now, it appears to be a case of suicide. According to preliminary information, an IT raid has been underway for the past two days. There had been raids before as well. We are yet to have the details of that.”

Meanwhile, Karnataka Deputy Chief Minister DK Shivakumar said on Friday that a high-level investigation would be conducted into the death of the Confident Group chairman.