Former Atlas Cycles president Salil Kapoor allegedly dies by suicide
Atlas Cycles, Salil Kapoor, has allegedly committed suicide at his home in Lutyens Delhi on Tuesday. Police officials reported that Kapoor's body was discovered around 1 pm near the puja room of his house on Dr A P J Abdul Kalam Road by his manager with a gunshot wound. A note recovered at the scene mentioned a «financial burden» as the reason for his actions.
According to police, Kapoor shot himself in the head using a licensed revolver. His family, including his wife and three children, were staying separately at the time. Kapoor's manager and his family lived with him in the three-storey building.
«Kapoor was immediately rushed to a hospital where doctors declared him dead,» said a police officer.
Forensic and crime teams have been summoned to collect evidence from the scene. Investigations are ongoing.
In 2015, Kapoor was arrested by the Economic Offences Wing of Delhi Police in connection with a Rs 9 crore cheating case. He faced charges in two separate cases of cheating.
Tragically, this is not the first instance of a death in Kapoor's family under similar circumstances. His sister-in-law, Natasha Kapoor, also ended her life in the same house in January 2020. She left behind a note urging family members to take care of themselves but did not specify the reasons for her actions.
Authorities continue to investigate the circumstances surrounding Salil Kapoor’s death.
Rise and ll of Atlas Cycles Atlas Cycles — a name that became a synonym for bicycles in India — shut its last manufacturing unit in Sahibabad
