Bengaluru, July 31: Following a 30-hour-long search operation, the body of VG Siddhartha, the founding-owner of India’s largest coffee chain, have found near Netravati River on Wednesday morning.
The body of the founder will be taken to the Chetanhalli estate his native village Cheekanahalli in Belur taluk near Chikmagalur for cremation.
Sringeri MLA T D Rajegowda said, ” The family members have all decided that cremation will take place at his father’s estate in Belur Taluk.”
The coffee tycoon who founded Cafe Coffee Day in 1996 was last seen on a bridge across the river near Mangaluru in Karnataka on Monday evening. He had told family members that he was going to Sakleshpur but instead asked his driver to go towards the river.
Police sources have confirmed that that the body of VG Siddhartha, who was also the son-in-law of former Karnataka chief minister SM Krishna, has been found in a decomposed state near Hoige Bazaar in Mangaluru.
His body has been taken to Wenlock Hospital in Mangaluru where a post-mortem will be conducted before it is handed over to his family.
Sringeri MLA T D Rajegowda said, ” He was a little upset regarding the Income Tax torture, wanted to sell 2-3 properties to settle all the debts because he was having more assets than liabilities.”
Siddhartha, 60, went missing since Monday evening from the road bridge between Ullal and Mangaluru over the river around 7 p.m. as his car driver Basavaraj Patil told the police.
Siddhartha is the elder son-in-law of S.M. Krishna, who was External Affairs Minister in the UPA-2 government (2009-12) and state Chief Minister (1999-2004) when in the Congress.