Real estate businessman dies by suicide near Shamirpet

A 52-year-old real estate businessman from Kompally allegedly died by suicide after reportedly facing financial difficulties. He was found near Lakshmapur Lake Bund in Munchintalapalli after allegedly consuming pesticide. Shamirpet police are investigating the case.

Hyderabad: A 52-year-old real estate businessman allegedly died by suicide due to financial difficulties at Lakshmapur lake bund in Munchintalapalli on Monday night.

According to Sham​​irpet police, Gouri Shankar Varaprasad, a native of Kompally, had invested in the real estate business but reportedly faced financial problems, causing him severe distress. He was looking for a suitable location to start a poultry business as an alternative source of income to support his family.

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He travelled to Munchintalapalli on his two-wheeler and was last seen by the villagers stopping near Lakshmapur lake bund.

He is suspected to have consumed an unknown pesticide and ended his life. Locals noticed him and alerted the police. The Shamirpet police are investigating.