Andhra Pradesh police suspect Florida-based Non-Resident Indian and Coastal Bank director Chigurupati Jayaram, who was found dead in his car in Krishna district on Friday, was murdered by someone close to him over some financial dispute.
Four police teams from Krishna district Saturday launched the investigations in Hyderabad, questioning several people including his relatives and bank employees.
According to police sources, Jayaram's niece Madhuri alias Shikha Chowdary, her sister and brother and her driver were also being questioned by a team of officials.
Jayaram (55), who also the Managing Director of Express TV, a Telugu channel, was found dead in the back seat of his car in a farmland near Aitavaram village off Hyderabad-Vijayawada highway in Krishna district. There were blood stains on his body. However, police suspect that he was given liquor laced with poison.
The body was preserved after autopsy as Jayaram's family members were yet to arrive from the US.
The deceased had left his Jublie Hills home in Hyderabad for Vijayawada on Thursday. According to police the CCTV footage at different toll gates on the highway were examined as part of the investigations. He was seen sitting on the back seat. The police were trying to identify the man who was driving the vehicle.
Police suspect that the conspiracy to kill Jayaram was hatched in Hyderabad. The investigators searched his office and home and were also questioning security guards, his personal staff and other employees.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)