Hyderabad: Tragedy Strikes as Young Man Takes His Own Life
Akhilesh Reddy, a 24-year-old from Hayathnagar, Hyderabad, tragically ended his life on Thursday after suffering significant losses in online share market trading. The young man, who had recently completed his BTech, had invested heavily in the share market hoping for substantial returns.
Financial Hardship Leads to Tragedy
However, the market downturn led to a decline in the value of most of his shares, resulting in an estimated loss of ₹25 lakh. Overwhelmed by this financial setback, Akhilesh took the drastic step of ending his life by hanging himself in his home while his family members were away.
Police Investigation and Findings
The Hayathnagar police, alerted to the incident, arrived at the scene and initiated an investigation. A suicide note was found, confirming that the losses incurred in the share market were the primary reason behind his tragic decision. The body has been sent to the hospital for a post-mortem examination.
Importance of Mental Health Support
This tragic incident highlights the devastating consequences of financial losses, particularly when coupled with emotional distress. It is crucial to seek help and support from mental health professionals if you or someone you know is struggling with financial difficulties or contemplating self-harm.
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