Davanagere: A private firm owner, identified as Shivalingaiah, the proprietor of GMC Fertilizers, attempted suicide by consuming poison directly outside the Davangere Superintendent of Police (SP) office. He is currently battling for his life in the district hospital.

His family has directly blamed the police, alleging that their failure to conduct a proper investigation into a massive fraud case drove Shivalingaiah to this extreme step.

The Case Background: ₹55 Crore Fraud -

The incident stems from a two-year-old financial fraud case:

The Fraud: Shivalingaiah had purchased crops from farmers for his company. It is alleged that acquaintances later misappropriated about ₹55 crore from the bank related to these transactions.

Police Complaint: A case was registered in 2022 at the KTJ Nagar Police Station in Davangere regarding this fraud. The Intelligent Investor : The Definitive Book on Value Investing (Third Edition) Paperback – 22 October 2024

Motive for Suicide Attempt: The family and reports indicate that Shivalingaiah was deeply distressed. He was reportedly facing intense pressure from farmers demanding payment, while simultaneously alleging that the police failed to conduct a proper, strict investigation or help him secure justice in the ₹55 crore fraud case.

Current Situation and Family's Outburst -

Medical Status: Following the suicide attempt, police rushed Shivalingaiah to the District Hospital, where his condition is reported to be critical.

Family's Allegation: Shivalingaiah’s family members, gathered at the hospital, vehemently accused the police. "The police caused the delay in getting us justice. The police are responsible for this suicide attempt," they stated, expressing their strong outrage.

The incident has caused a significant stir at the SP's office, putting pressure on senior officials to address the allegations of negligence in the investigation. Also Read: Karnataka Farmers Intensify Stir Over Sugarcane Price; Home Minister Assures Action!?