In a tragic incident, a 29-year-old man died by suicide in Uppal allegedly after facing severe financial losses in online trading, police said on Monday.
The victim was identified as Kasoju Ravichandra, a native of Marutinagar in Achampet, Nagarkurnool district, who had been living in South Swaroopnagar,
Uppal.
Ravichandra had been involved in online long-term trading for nearly five years.
According to the police, mounting losses in the business pushed him into deep mental distress. In a tragic turn of events, he reportedly procured a chemical substance through an online platform and consumed it at his residence on Sunday.