A 49-year-old businessman allegedly committed suicide by hanging himself from the rafter of a shed, located close to his house at Bapuji Nagar in Kancharapalem area, in the wee hours of Friday. .
According to Fifth Town Police Station inspector Raghuveer Vishnu, the deceased, K. Ramu, was into chit fund business and had left home around 7.30 p.m. on Thursday and returned after completing his daily collection work.
He then quietly slipped out of his home , sometime past midnight, and walked down to a tea stall and committed the act in the shed in front of the shop, said the inspector.
According to Mr. Vishnu, the deceased is survived by wife and a son. They said that there was no financial or any other problem in the family.
The police have registered a case under Cr. PC section 174.