Bengaluru Engineer Loses ₹1.5 Crore In Online Cricket Betting, Wife Dies By Suicide After 'Threats' By Lenders

Bengaluru Engineer Loses ₹1.5 Crore In Online Cricket Betting, Wife Dies By Suicide After 'Threats' By Lenders

The victim's lifeless body was discovered on March 19, prompting her father, Venkatesh M, to lodge a complaint against 13 individuals purportedly involved in lending money to her husband Darshan Balu.

Aakash SinghUpdated: Tuesday, March 26, 2024, 12:56 PM IST
article-image
Palghar: Navghar Police Busts Online Cricket Betting Racket in Bhayandar; Small-Time Bookie Arrested |

Earlier this month, tragedy struck in Chitradurga, Karnataka, as the wife of a man allegedly died by suicide amidst financial turmoil stemming from her husband's involvement in online cricket betting, accumulating debts amounting to ₹1.5 crore.

The Times of India reported the incident that unfolded in Hosadurga, where Darshan Balu, an assistant engineer with the state minor irrigation department, found himself ensnared in a vortex of financial distress. The creditors, who had extended loans to Balu, began to mount pressure on him and his family due to the outstanding debts.

Regrettably, unable to withstand this mounting pressure, Balu's 24-year-old wife, Ranjita V, took her own life.

Complaint lodged by victim's father

Her lifeless body was discovered on March 19, prompting her father, Venkatesh M, to lodge a complaint against 13 individuals purportedly involved in lending money to Darshan. In a heart-wrenching suicide note, Ranjita detailed the harassment inflicted upon her and her husband by these creditors, attributing their relentless actions as the primary trigger for her tragic decision.

The police have initiated legal action against the 13 suspects for abetment to suicide, resulting in the arrest of three individuals, while the remaining suspects remain at large. Darshan and Ranjita, parents to a two-year-old son, have tragically become casualties of online betting.

Lakhs still pending

Venkatesh revealed that Darshan incurred staggering losses of Rs. 1.5 crore through cricket betting, despite making substantial repayments towards the borrowed funds. Nonetheless, sources suggest that Darshan still owed approximately Rs. 54 lakh to his creditors at the time of Ranjita's untimely demise.

According to Venkatesh, Darshan was lured into the world of cricket betting by the suspects, who enticed him with promises of financial backing against blank cheques as collateral. Despite participating in online betting from 2021 to 2023, Darshan's losses continued to mount, intensifying the pressure from creditors demanding repayment.

RECENT STORIES

Sikkim State Lottery Result: February 17, 2026, 6 PM Live - Watch Streaming Of Winners List Of Dear...
Sikkim State Lottery Result: February 17, 2026, 6 PM Live - Watch Streaming Of Winners List Of Dear...
Virat Kohli Dons ₹60 Lakh Watch As He Seeks Blessings From Premanand Ji Maharaj With Wife Anushka...
Virat Kohli Dons ₹60 Lakh Watch As He Seeks Blessings From Premanand Ji Maharaj With Wife Anushka...
IRE VS ZIM Called Off Due To Rain, Zimbabwe Qualify For Super 8, Australia KNOCKED OUT From ICC T20...
IRE VS ZIM Called Off Due To Rain, Zimbabwe Qualify For Super 8, Australia KNOCKED OUT From ICC T20...
IRE VS ZIM Latest Update: Washout Likely As Rain Continues To Pour In Pallekele, Cut Off Time Set...
IRE VS ZIM Latest Update: Washout Likely As Rain Continues To Pour In Pallekele, Cut Off Time Set...
'Absent Mark Kar Diya Hai': Poddar International School Principal After Vaibhav Sooryavanshi Fails...
'Absent Mark Kar Diya Hai': Poddar International School Principal After Vaibhav Sooryavanshi Fails...