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A particular person in Telangana’s Suryapet metropolis allegedly dedicated suicide after dropping money in cryptocurrency, police said.
G. Ramalingaswamy (36), hailing from Khammam, allegedly killed himself by consuming poison at a lodge in Suryapet metropolis.
Police late on Wednesday recovered his physique from a room after the lodge proprietor lodged a grievance that the particular person staying Inside the room was not responding to door knocks.
Police shifted the physique for post-mortem. A police official said The particular person might have resorted to take The acute step on Tuesday.
Police additionally recovered a suicide notice left behind by The particular person for his spouse.
Based mostly on the Relations, The particular person Collectively with two pals had been investing in on-line buying and promoting on cryptocurrency app. They initially invested Rs 10 lakh and after getting some good returns elevated the investments however suffered large losses. He had reportedly misplaced Rs 70 lakh, which he had raised by way of loans.
They alleged That people who had lent him money had started pressuring him to repay. That they had taken away his automotive and made him signal some cheques.
Shocked over dropping The money and unable to bear the alleged harassment by the lenders, Ramalingaswamy went to Suryapet metropolis on November 22 and was staying in a lodge.
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