A 39-year-old bullion trader allegedly committed suicide Friday by shooting himself inside a car at Lalbaug in central Mumbai, police said.
The incident took place around 1 pm on Saibaba Road.
Ashwin Lalitkumar Jain, the deceased, was apparently under stress for the last two days as he had purchased gold from another trader but was unable to make a payment, a police official said.
Sitting inside his car parked near Kalpataru Habitat building, he allegedly shot himself in the head using his father's licenced revolver.
Hearing the loud sound, some passers-by rushed to the spot and found Jain lying in a pool of blood.
He was taken to a hospital where he was declared dead in the evening.
An accidental death report has been registered at Kalachowkie Police Station and probe is underway, the police official said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app