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Retired cashier of State Bank of India commits suicide, blames demonetisation for extreme step

Ananda Mukut Bapat, An Ex SBI Cashier Apparently Went Into Depression After The Demonetisation Move And Decided To End His Life. Bapat Had Taken VRS From The Bank And Started His Own Business.

PTI | Updated on: 25 Nov 2016, 06:49:22 PM
Queues inside bank - Representative image (Image Source: Getty)


Police claimed on Friday that a retired cashier of the State Bank of India (SBI), allegedly committed suicide at his residence in Saoner. As per the police, he was heavily depressed due to scrapping of high currency notes and thus took the extreme step. 

Ananda Mukut Bapat (58) hung himself from the ceiling at his house, they said. Police sources said Bapat had amassed huge wealth in the form of scrapped currency notes.

He apparently went into depression after the demonetisation move and decided to end life. Bapat had taken VRS from the bank and had started his own business.

He had called his son from Pune few months back to assist him in the business, they said. A suicide note left behind by him said that he is taking this extreme step due to demonetisation of Rs 500 and Rs 1000 currency notes.

Saoner Police has registered a case of accidental death (AD) and handed over the body to his son after conducting a post mortem.


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First Published : 25 Nov 2016, 05:06:00 PM