Chigurupati Jayaram, Managing Director of Coastal Bank, former Managing Director of Express TV and owner of Techtran Polylenses Ltd at Balanagar, was killed last night while he was on his way from Hyderabad to Vijayawada. He was died around 11.20 PM on Thursday in a suspicious manner after his car crossed Chillakallu toll gate at 10.22 PM. His body was found in the back seat of his car and his car was parked on the side of the highway at Ithavaram village in Nandigama Mandal of Krishna district.
Jayaram’s untimely death is raising several suspicions. Severe head injuries have been identified on Jayaram’s body. However, there are no damages to car indicating that it couldn’t be a road accident. Police have registered the case under suspicious death and probing the matter.
It is being investigated that whether it was a murder or a road accident. Cops have gathered video footage from the toll gate. As per the footage, Jayaram’s car had passed the Chillakallu toll gate. But it is not clear yet that who was driving the car during the incident. Just an hour after Jayaram’s death, a few employees of Coastal Bank got calls informing about Jayaram’s death.
Meanwhile, Chigurupati Jayaram had earlier served as MD of Express TV. On Jan 20, 2017, Jayaram was arrested by officials of the Balanagar police station and the Special Operations Team (SOT), Cyberabad police for non-payment of employees’ salaries/compensation who were removed from service as per an agreement signed between the two parties.
Police are probing the case in all angles. More details are awaited.
