Rajkot: 25-year-old kills self after losing Rs 60 lakh in stock market
After he lost around Rs 60 lakh in share market, a 25-year-old man committed suicide on Friday night
After he lost around Rs 60 lakh in share market, a 25-year-old man committed suicide on Friday night.
According to the police, deceased Rohit Raiyani had invested his father's money clandestinely.
Raiyani hanged himself at his house on Morbi road in the evening on Friday and when he did not come for dinner, his father Gordhanbhai went to call him and saw him hanging, said cops.
Primary investigation by B division police revealed that Rohit's father had sold land in their village for Rs 80 lakh for Rohit's marriage. However, the deceased invested around Rs 60 lakh in share market thinking he would earn a good return but lost all his money.
The police, which found investment documents and chats regarding his dealings in the share market from his mobile phones, suspect that he took the extreme step out of fear of being answerable to his father about the money.