Man ends life after failing to exchange money saved for buying flat


New Delhi, Nov 18: In an untoward incident, a man who saved every penny of his income with a dream to buy a home for him ended his life after struggling with the impact the note ban.

A city businessman on Thursday committed suicide allegedly after failing to exchange Rs 12 lakh of demonetised currency notes.

25-year-old Virendra Kumar Basoya was found hanging from a fan in his rented flat in Rajupark at Khanpur here.

However, No suicide note has been recovered. Necessary legal action has been initiated, Additional Deputy Commissioner of Police, Nupur Prasad said.

Police informed that Virendra used to run an electronic goods shop and was also into part-time money lending.

His pregnant wife Ronak said Virendra was acutely depressed after failing to exchange Rs 12 lakh which he had been saving to buy a flat of his own.

“He visited several banks almost everyday but could not manage to exchange the old notes,” said Ronak.

The wife said that Virendra, a few days back had contacted a man who demanded Rs 4 lakh as commission for exchanging the Rs 12 lakh.

“We celebrated our marriage anniversary only last week. He was planning to buy a flat soon in Malviya Nagar for which he was saving money from last year,” added the wife.

Wefornews Bureau

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