Jaggavarapu Venu Gopal Reddy : YSRC supporter tragically ends life after losing money in betting.

By | June 10, 2024

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Accident – Death – Obituary News : : 1. YSRC supporter suicide
2. YSRC supporter gambling loss

A YSRC leader, Jaggavarapu Venu Gopal Reddy, was found dead under mysterious circumstances at a poultry farm in Turpu Digavalli village of Nuzvid mandal. Venu had been missing for three days after the election results were announced. He had collected money for betting on the election results, confident in YSRC’s victory. However, with YSRC losing, Venu was unable to repay the betting amounts, leading to his suicide. Police estimate around Rs 5 crore was lost in the betting. An investigation is ongoing, with a case of suspicious death registered under Section 174 of the CrPC. The tragic incident sheds light on the dangers of gambling and the immense pressure it can impose.

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1. YSRC supporter suicide
2. YSRC party member gambling loss

Vijayawada YSRC Leader Found Dead in Mysterious Circumstances

In a tragic turn of events, a YSRC leader was discovered deceased under mysterious circumstances at a poultry farm situated in Turpu Digavalli village of Nuzvid mandal on a Sunday morning. The deceased, identified as Jaggavarapu Venu Gopal Reddy, was the husband of the Turpu Digavalli village sarpanch and had been missing for three days following the announcement of the election results.

Details of the Incident

According to the Nuzvid rural police, Venu Gopal Reddy had been actively involved with the YSRC for the past six years, while his wife had recently been elected as the village sarpanch. Following the elections, numerous individuals from Nuzvid, including his friends and family members, had placed bets on the election outcomes and entrusted the funds to Venu Gopal Reddy.

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With a firm belief in the YSRC forming the State government once again, he utilized the collected funds to engage in further betting activities. Unfortunately, with the YSRC suffering defeat in the elections, Venu found himself in a predicament where he was unable to repay the betting amounts. Subsequently, he decided to leave his residence to evade the mounting pressure from his acquaintances and loved ones.

Tragic End

Tragically, Venu Gopal Reddy was unable to cope with the stress and anguish of his financial situation and ultimately chose to end his own life. The police stated, “Venu Gopal Reddy allegedly amassed substantial sums from YSRC and TDP activists through bets and then proceeded to wager the same amounts with others. Unfortunately, he suffered losses in the bets, leading to his untimely demise. The estimated amount lost in the betting activities is approximately Rs 5 crore.”

Investigation Ongoing

Authorities have registered a case of suspicious death under Section 174 of the CrPC and are currently conducting an investigation into the matter. The loss of a significant sum of Rs 5 crore in betting has brought to light the dangers and consequences associated with such activities.

This unfortunate incident serves as a stark reminder of the devastating impact that financial troubles and gambling can have on an individual’s mental well-being. It is imperative for individuals facing such challenges to seek help and support rather than resorting to drastic measures.