Tragedy in Bengaluru: The High-Octane Life and Sudden End of Tycoon CJ Roy. The high-rises of Bengaluru and the serene backwaters of Kerala are today shrouded in a somber silence. Dr. CJ Roy, the flamboyant founder and chairman of the Confident Group, was found dead on Friday, January 30, 2026. The 57-year-old property tycoon allegedly died by suicide at his office on Langford Road, Bengaluru, while an Income Tax (I-T) raid was underway.
Roy was not just a real estate mogul; he was a social media sensation, a film producer, and the owner of one of the most coveted machines on the planet—the Bugatti Veyron. His death has sparked a massive controversy, with his family alleging “extreme pressure” and “harassment” by tax officials.
The Final Hours: A Raid, a Gunshot, and a Shocked City
According to police reports, the tragedy unfolded at the Confident Group’s headquarters. An I-T team from Kerala had been conducting raids at the office for two to three days. On Friday afternoon, around 3:00 PM, Roy reportedly told the officials present that he needed a moment. Shortly after, the sound of a gunshot echoed through the office.
Roy allegedly used his licensed handgun to take his own life. Bengaluru Police Chief Seemanth Kumar Singh confirmed that a case has been filed and ballistic experts are investigating the scene.
“Prima facie, it appears that industrialist CJ Roy has shot himself… we are questioning the income tax officers who were conducting the raids,” Singh stated.
The Legend of the Blue Bugatti
In the wake of his death, a video of Roy has gone viral, serving as a bittersweet reminder of his “larger-than-life” persona. In the footage, Roy is seen standing by his blue Bugatti Veyron, the car that once held the title of the world’s fastest street-legal vehicle.
The Bugatti Veyron is a masterpiece of engineering. It’s important to understand that Roy owning this car was a symbol of his success.
In the video, Roy waves to the camera, saying, “Take care friends, have a beautiful evening,” before roaring away toward his palatial home, identified by the nameplate “E64, Dr Roy CJ.” For many, this car represented the peak of the Indian dream—moving from humble beginnings to owning the fastest road-legal machine in existence.
The Rise of the Confident Group
CJ Roy’s journey was one of grit and ambition. Over 19 years ago, he founded the Confident Group, which rapidly became a major player in the South Indian real estate market. The company currently manages nearly 200 ongoing projects across:
Bengaluru (The tech hub)
Kerala (His home state)
Dubai (International expansion)
Roy was known for his accessibility. He frequently appeared on reality shows and public platforms to share his success story with youngsters, encouraging them to be “confident” in their pursuit of wealth and excellence.
Allegations of I-T Harassment: The Brother’s Account
The most harrowing aspect of this story is the allegation made by Roy’s family. His brother, Babu Roy, has openly accused the Income Tax department of driving the tycoon to the edge.
According to Babu, the pressure began in December 2025 when a team led by Joint Director Krishnaprasad KK first initiated raids. Though those raids had supposedly concluded, officials returned on January 29, 2026, to “seal documents” under a prohibitory order (Section 132(3) of the I-T Act).
“My brother had told me many times that the pressure was too much,” Babu Roy told Malayalam media. “He had no debts. He had no financial issues. I have lost my brother to this pressure.”
A Multifaceted Legacy: From Real Estate to Mollywood
Roy was a native of Kochi, Kerala, and his heart remained tied to the Malayalam film industry. He was a prominent producer, notably behind the 2012 film “Casanova” starring superstar Mohanlal. His company was also a staple sponsor for Bigg Boss Malayalam, making Roy a household name across Kerala.
Despite his success, Roy was no stranger to legal battles. The Confident Group had previously been involved in tax litigation before the Karnataka High Court and the Income Tax Appellate Tribunal. However, his family maintains that his financial standing was robust and that the recent raids were disproportionately aggressive.
The Real Estate Mogul’s Impact in Numbers
To grasp the scale of the empire Roy built, consider the following statistics regarding the Confident Group’s footprint:
Projects: 165+ completed projects.
Presence: Over 6 million square feet of built-up area.
Diversification: Beyond residential, the group held interests in hospitality, aviation, and healthcare.
Legal Standing: Despite the current tragedy, the group reported a “zero-debt” status in several public filings over the past few years, a rarity in the capital-intensive real estate sector.
The Investigation Ahead
The Bengaluru Police have seized Roy’s handgun and mobile devices for forensic analysis. Key questions remain:
Was the I-T department following standard protocol? While Section 132(3) allows for the sealing of books, the family claims the timing and manner were intended to harass.
What was the nature of the “prohibitory order”? Tax officials claim it was a routine procedure to secure documents, but the psychological toll on Roy suggests a more intense interaction.
The death of CJ Roy echoes the tragic demise of Cafe Coffee Day founder V.G. Siddhartha in 2019, once again bringing the spotlight onto “tax terrorism” and the immense pressure faced by India’s billionaire class.
Final Farewell to a “Man of Confidence”
CJ Roy’s body was moved to Bowring and Lady Curzon Hospital for a postmortem. As the investigation continues, the business community mourns a man who lived his life at top speed—much like his beloved Bugatti. He was a man who believed that confidence was the ultimate currency, but in the end, the weight of the system proved too heavy even for a tycoon of his stature.
The manicured lawn at E64, Longford Road, stands empty today. The roar of the W16 engine is gone, replaced by a haunting question: How much pressure is too much?
Disclaimer: This information is based on various inputs from news agency.