Businessman Commits Suicide After Failed Attempt To Exchange Money

A 26-year-old businessman allegedly committed suicide at his home in south Delhi’s Neb Sarai on Thursday. His wife has claimed that he was frustrated at not being able to procure usable notes in place of Rs. 12 lakh in banned currencies, according to a report in The Hindu.

The deceased has been identified as Virendra Kumar Basoya, the owner of a showroom for LED products.

According to his wife, Ronak Basoya, the deceased sought help from others for exchangeing and one man had offered to charge Rs. 4 lakh (as commission) to exchange the amount, but had sought 15-20 days. That had left him worried,” said Ronak.

According to the report, Ronak further said she was pregnant, but had no money to buy medicines. “The cash problem had led to quarrels between Virendra and me in the last few days. I had borrowed Rs. 500 from a neighbour and had got another Rs. 1,000 exchanged. But that was not enough,” said Ronak.

Meanwhile, the police said Virendra was in the habit of lending money on interest. They further claimed that he had two wives.

The police are also probing what drove Virendra to suicide.