New Delhi, Jan 31 (IANS) A 52-year-old debt-ridden businessman committed suicide here Thursday evening by shooting himself in the head at his residence, police said.
Raminder Singh alias Pappi, an auto financier, shot himself in east Delhi's Geeta Colony around 5 p.m. His body has been sent for post-mortem.
"A suicide note was recovered from Singh's possession in which he mentioned that he was unable to pay off his heavy debts which he incurred from some banks and some money lenders," said a police officer.
Singh did not blame anyone for his suicide, added the officer.
Preliminary inquiries revealed that he was under debt since two-and-half years and was unable to pay off the loans due to his weak financial condition.