Saturday, January 27, 2007

Seven members of debt-ridden family found dead in Hassan

In a tragic incident, seven members of a debt-ridden family in Karnataka’s Hassan district were found dead in their house.

Police said the family of Keerthi Shetty, 40, a hardware businessman, had been driven to bankruptcy, forcing him to kill his father, mother, wife and three children before committing suicide.

In a suicide note recovered from the house, Keerthi Shetty said he had to kill his family members and commit suicide, as they were unable to bear the harassment of moneylenders. Police also recovered a bottle of cyanide and chloroform from the spot.

Police suspect Keerthi Shetty had first fed the poison to his aged father Vishwanath Gupta, 67, and mother Prabha Gupta, 63, whose bodies were found in the first floor of the house. Later, he has administered the poison to his wife Supraja, 35, and daughters Manoghna, 10, Amoghna, 8, and Tamoghna, 5, while they were asleep in the ground floor.

Before committing suicide, Keerthi Shetty had sent SMS messages from his mobile to a few relatives in Hyderabad and some close friends in Hassan, informing them about their decision to end their lives, unable to bear the atrocities of the moneylenders.

Keerthi Shetty had borrowed a loan of about Rs 6 million from Kannika Parameshwari Bank in Hassan. In addition, he also had a loan of about Rs 5 million borrowed from private moneylenders and was facing a tough time paying the interest. His only steady source of income was Rs 15,000 from a Hospital in Bangalore for which he was one of the Directors.
In the suicide note, Keerthi Shetty had claimed that his borrowings were not larger than his assets. He said he had to take the extreme step as the moneylenders, whom he had named, were insisting on instant repayment and he had no liquid cash for the purpose. He had named five moneylenders including a jeweler, two financiers, a medical shop owner and a contractor. “If they want me to return the money, let them come to the place where we are going”, Shetty had said in the suicide note

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