After TV channels flashed his name in note conversion racket, bank official ends life in Bengaluru

"Relatives and friends had been calling Raviraj to ask him what had happened. It was tough to answer each call," a relative reportedly said

After TV channels flashed his name in note conversion racket, bank official ends life in Bengaluru

A 57-year-old head cashier of Currency Management Branch, State Bank of Mysore, in Bengaluru allegedly committed suicide by hanging in his house on Wednesday morning, days after local TV channels mentioned his name in note conversion racket.

The deceased, G Raviraj, lived with his wife Revathi and two children, in a two-storied house in Vannarpet, Vivek Nagar. On Wednesday morning, Raviraj went for his morning work wearing a track pant and t-shirt and then directly went into the study room on the first floor,

a report in The Hindu said.

“Usually he never goes into the study room. When he did not return from the walk for a long time, his wife checked all the rooms and found him hanging from the fan in the study room. He was rushed to St. Philomena Hospital, where he was declared brought dead. His body was then shifted to Bowring and Lady Curzon hospital for post-mortem,” the victim’s brother G Gopalraj told
The Hindu
.

He left behind no suicide note. Gopalraj said that the family was aware of some inquiry against Raviraj, but did not have details. Raviraj had been working with SBM since 1978.

A report in The Times of India said that a source in his family told the channels had reported that an internal inquiry was on against Raviraj and his colleagues over currency conversion. Some channels said the CBI had filed a case against him.

But, Viveknagar police quoted senior SBM officers as saying Raviraj faced no allegation of irregularities.

"Relatives and friends had been calling Raviraj to ask him what had happened. It was tough to answer each call," a relative told ToI.

"Staff at the bank expressed shock over the incident. They told us Raviraj had been with SBM for the past 25 years without any black mark. He had joined the bank as clerk and was promoted to cashier," a police source. When police asked his colleagues and seniors whether there was any internal inquiry against Raviraj, they reportedly denied it.

"News of CBI officers visiting the branch and questioning him and others is also baseless," Viveknagar police quoted SBM officials as saying.

But The Hindu reported sources from the Central Bureau of Investigation (CBI) as saying they had initiated a preliminary inquiry against Raviraj for misappropriation of Rs.20 lakh in Rs.2000 denomination notes.

Raviraj was in-charge of transferring currency to other branches. Recently, he had taken a cache of new currency to deposit in Basavaraja Market Branch of the bank in Chickpet. However, Raviraj he allegedly did not deposit Rs.40 lakh of the new currency at Basavaraja Market Branch and re-deposited it in the Currency Management Branch, where he was the head cashier.

Of the Rs. 40 lakh new currency that he re-deposited at his branch, Raviraj deposited Rs.20 lakh in demonetised Rs.500 notes, siphoning off Rs.20 lakh worth Rs. 2,000 notes without any documentation, the Hindu news report quoted CBI sources as saying.