Mysuru: Three family members die due to financial crisis

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Mysuru: Three family members die due to financial crisis

Police said the deceased are Sathya Prasad (54), Annapurna (50) and Gaurav (21), residents of Hemavathi Nagar

Three members of a family took their own lives by consuming pesticides in the city on Thursday.

Police said the deceased are Sathya Prasad (54), Annapurna (50) and Gaurav (21), residents of Hemavathi Nagar.

A financial crisis would be at the origin of the suicide.

Sathya Prasad was a kerosene dealer and rented a petrol berth near Ibdane from Hassan taluk a few months ago. He had borrowed loans from finance companies and banks to invest. Since there was no revenue expected from the gasoline bunker, he suffered huge losses. Later, he handed over the bunk to another person.

He bought a house in Hemavathi Nagar after selling his old house. His family members were depressed because the documents for the new house were not in order. Their car was seized by a private finance company for non-payment of dues recently. Shocked by the developments, they took the extreme measure, police said.

Their son Gaurav is studying engineering at a college in Mysuru.

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