Debt-ridden Owner of Race Horses Commits Suicide

MV Narayana Rao, 52, a resident of Old Malakpet, incurred losses as his horses lost race in the local race course, and committed suicide on Sunday night in the rest room of the racecourse complex. - Sakshi Post

Hyderabad: Owing to pressure from creditors, a owner of race horses committed suicide. MV Narayana Rao, 52, a resident of Old Malakpet, incurred losses as his horses lost race in the local race course. He's survived by a wife and two children.

The maintenance of horses was also a worrisome for Rao, who committed suicide on Sunday night in the rest room of the racecourse complex. Sweepers became suspicious after knocking on the door several times and informed the officials, who further reported it to Chadarghat Police Station. Police broke down the door to find Rao hanging from the ceiling fan. Police found a suicide note in the room and the letter mentioned two names of persons, whom the debt to be repaid. Police investing the case.

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