Telangana: Share market losses triggered Mancherial family’s suicide pact

According to preliminary inquiries by the police, the four tried to kill themselves by consuming a weedicide as they were depressed over a financial crisis

Mancherial: Losses in the share market following investments by one of the four members triggered Tuesday’s suicide attempt by a family at Kasipet village in Thandur, according to family sources. Three of the family members died at the MGM Hospital in Warangal on Wednesday morning.

Thandur Sub-Inspector Kiran Kumar said Samudrala Mondaiah (60), his wife Sridevi (50) breathed their last early on Wednesday morning, while daughter Chaitanya (30) died on Tuesday night. The condition of Mondaiah’s son Shiva Prasad is said to be critical.

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According to preliminary inquiries by the police, the four tried to kill themselves by consuming a weedicide as they were depressed over a financial crisis.

Family sources are learned to have told the police that the crisis was apparently caused by losses in share market investments, reportedly by Shiva. The exact reason is yet to be ascertained. Further investigation is on.