India, Jan. 31 -- CJ Roy, founder and chairman of real estate firm Confident Group, shot himself dead on Friday afternoon, Bengaluru Police Commissioner Seemant Kumar Singh said.

He added that I-T searches had been underway here for the past three days.

Roy, who is in his late 50s, suffered bullet injuries from his licensed firearm at his office near Richmond Circle in the city. Soon after a gunshot was heard, staff members rushed to his room and found him lying in a pool of blood, sources said.

He was immediately taken to a hospital, where doctors declared him dead. I-T sources said searches on Roy's premises had begun about two months ago.

"Today, under the Ashoka Nagar police station limits, a shooting incident occurred. Prima faci...