Bengaluru, January 30, 2026 – In a tragic incident that has shocked the real estate and business communities, Dr. Chiriankandath Joseph Roy, popularly known as C.J. Roy, the 57-year-old founder and chairman of Confident Group, died by suicide on Friday afternoon. The incident occurred at his office on Langford Road in Bengaluru during ongoing Income Tax Department searches related to alleged tax evasion.

What Happened During the Incident?

According to Bengaluru City Police Commissioner Seemanth Kumar Singh and multiple reports, Roy allegedly shot himself in the head with a licensed firearm around 3-3:15 PM. Employees heard the gunshot and found him in a pool of blood. He was immediately rushed approximately 10 km to Narayana Hospital in HSR Layout but was declared brought dead upon arrival.

No suicide note was recovered, and police have confirmed the use of a licensed weapon. A case has been registered, and investigations are underway, including questioning of Income Tax officials involved.

The searches, conducted by a team from the Kerala region (Roy’s native place, Kochi), had been ongoing for 2-3 days at Confident Group’s premises in Bengaluru. Reports indicate the raids targeted suspected disproportionate assets and tax irregularities.

Brother Alleges Harassment by Officials

Roy’s brother has publicly alleged that his brother faced severe harassment from Income Tax officials, even after the incident, claiming it contributed to the extreme step. Income Tax sources, however, described the visit on Friday as procedural wrap-up, noting that certain questions during questioning may have upset Roy.

Who Was C.J. Roy? A Self-Made Real Estate Mogul

C.J. Roy rose from a corporate employee (previously with HP during Bengaluru’s IT boom) to a prominent entrepreneur. He founded Confident Group, a Bengaluru-headquartered real estate firm with significant presence in Kerala and Dubai.

Key highlights of his empire:

• Built a debt-free business empire
• Completed over 165 projects
• Developed around 43 million square feet of real estate
• Diversified into films (as a producer), sponsorships (including Bigg Boss Kannada and Malayalam), and other ventures

Known for his flamboyant lifestyle, Roy owned high-profile assets like a Bugatti Veyron, one of the world’s fastest street-legal cars.

His journey from a bright student benefiting from Bengaluru’s tech growth to a real estate leader has been widely covered in recent reports.

Impact on Real Estate Community

The sudden death has left the Bengaluru real estate sector in shock, with peers expressing condolences over the loss of a visionary builder. Confident Group’s future leadership and operations remain uncertain amid the ongoing tax scrutiny.

This incident highlights the intense pressure faced by business leaders during enforcement actions. Authorities have urged caution in reporting and emphasized that investigations are preliminary.

Sources: Reuters, NDTV, The Indian Express, ThePrint, Deccan Herald, The Hindu, Economic Times, and other verified news outlets (as of January 30, 2026). Police statements and official confirmations form the basis of this report.

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Note: Suicide is a sensitive topic. If you or someone you know is struggling, please reach out to mental health helplines like India’s national helpline or local support services.