The death of CJ Roy, chairman of the Confident Group, has raised serious questions after he allegedly shot himself at his Bengaluru office amid ongoing Income Tax raids linked to an alleged assets-disproportion case. His elder brother has publicly questioned the conduct of the tax officials, claiming that sustained pressure may have pushed Roy to take the extreme step, despite there being no financial distress.
Speaking to a Malayalam television channel, Roy’s brother said he was unaware of the exact nature of the pressure exerted on him by the Income Tax team but insisted that the authorities must explain what transpired during the raids. He said Roy had been under visible mental stress for the past three to four days and that he had personally tried to reassure and calm him. However, he admitted that he never imagined his younger brother would end his life.
According to the family, Roy had no financial liabilities whatsoever. His brother stressed that Roy had no debt and maintained a strong financial position with a healthy bank balance, contradicting any suggestion that money-related problems may have led to the tragedy.
CJ Roy, a Kerala-based businessman, was the founder and chairman of the Confident Group, a prominent real estate firm with operations across Kerala and Bengaluru. He allegedly used his licensed firearm to end his life at his office in Bengaluru after repeated searches by the Income Tax Department in connection with suspected disproportionate assets.
The brother further revealed that Income Tax officials from Kerala had first visited Roy’s Bengaluru office on December 3, 2025, and later carried out another round of raids on January 28, after Roy was summoned back from Dubai. The searches reportedly continued intermittently for nearly two months, with the most recent operation taking place at the company’s office on Richmond Road in Bengaluru.
Known for his fondness for luxury cars, Roy was also remembered for staying grounded, often speaking fondly of the first car he bought in his early years — a Maruti 800 — which he said reminded him of his humble beginnings. Alongside his business pursuits, he was also recognised for his charitable initiatives, including a public pledge at a real estate exhibition to gift apartments to people from underprivileged backgrounds.
Under his leadership, the Confident Group expanded into a major real estate developer with a strong footprint in Kerala and Karnataka, completing numerous residential and commercial projects and earning a reputation as one of the region’s leading builders.
Following his death, the Confident Group paid tribute to Roy through a social media post, describing him as a guiding force whose values and vision would continue to shape the company’s future. The firm expressed deep sorrow over what it called the sudden and irreparable loss of its chairman, as employees and associates mourned the passing of a leader they deeply respected.
