Local News

Cafe Coffee Day owner VG Siddhartha dead, body found

The body of VG Siddhartha, the founder of the popular chain Cafe Coffee Day and son-in-law of former Karnataka Chief Minister SM Krishna, has been found, two days after he went missing from a bridge near Mangaluru in Karnataka.

A massive search operation involving multiple agencies was on since Monday evening after Mr Siddhartha went missing. The body found around 6:30 this morning on the banks of the Netravati river.

“We found the body early morning today. It needs to be identify, they already informed the family members. We are shifting the body to Wenlock Hospital. We will continue further investigation,” Mangaluru Police Commissioner Sandeep Patil said.

Police forces, Coast Guard and NDRF were being searching out since Tuesday to locate Mr Siddhartha. Police had also deployed the dog squads and inflatable boats in the search operation and roped in local fishermen to search the river. 

Days before he went missing, Mr Siddhartha, 60, had reportedly written a letter to board members and employees of Cafe Coffee Day. The letter – accessed by news agency ANI – alleges harassment by an income tax officer and expresses regret for not being able to create “the right profitable business”.

He also said that he was under “tremendous pressure” from one of “the private equity partners.

VG Siddhartha’s offices were on raid by income tax officers in September 2017. He is among the country’s largest exporters of coffee bean. His family has been in the coffee-growing business for more than 130 years, according to his profile page on the website of consultancy firm Mindtree, where he is a non-executive director.

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