Software employee committed suicide in Madhapur PS limits

Hyderabad: A software employee committed suicide on Wednesday morning hours in Madhapur police station limits. According to police, the victim identified as Arvind (31), belongs to Srikakulam.

He was working as a software engineer in a software company and reportedly invested about Rs 20 lakh in Q-NET and incurred huge losses. Police are suspecting that due to financial losses he went into depression and might have took the extreme step.

Police by registering a case are investigating. On the other hand the Cyberabad police are investigating on the cases filed against the Q-NET in different police stations of its limits by the victims.