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Friday, April 16, 2021

CCD owner V G Siddhartha goes missing, police suspect suicide

Reading Time: 2 minutesCafe Coffee Day retail chain outlets founder, V G Siddhartha, who went missing on Monday night, is suspected to have committed suicide by jumping into a river near Mangaluru, police said on Tuesday.
“Siddhartha is suspected to have jumped into the Nethravathi river near Mangaluru from the bridge, though his body has not been traced so far, despite a massive search operation,” Mangaluru Police Commissioner Sandeep Patil told reporters.

Siddhartha. Indian Link
V G Siddhartha, Founder, Cafe Coffee Day. (Photo: Twitter)

Earlier, his driver Basavaraj Patil filed a complaint in a Mangaluru police station that his boss was missing from the bridge over the river where he got down from his car and wanted to take a walk.
“Siddhartha got down from the car on the bridge across the river and asked him (Patil) to wait at the other end of it as he wanted to take a walk.”
Siddhartha. Indian Link
VG Siddhartha reportedly wrote a letter to CCD staff, mentioning his financial struggles.

Police suspect he would have jumped into the flowing river from the bridge as the driver found him missing in the area since then.
 Siddhartha, 60, is the eldest son-in-law of BJP’s senior leader and state’s former Chief Minister S M Krishna.
The entrepreneur had sold his entire 20 per cent equity stake in the city-based software major Mindtree Ltd to the Mumbai-based Larsen & Toubro (L&T) for Rs 3,300 crore at Rs 980 per share of Rs 10 face value on March 18.
IANS

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