Hyderabad:  A person who invested in crypto currency purchase committed suicide on Wednesday in a lodge in Suryapet town, due to the pressure of money lenders. According to the police sources G Ramalinga Swamy a native of Khammam killed himself by consuming poison.

As per the family members’ sources, he along with two friends had been investing in online trading on crypto currency app. They initially invested Rs 10 lakh and after getting some good returns increased the investments but suffered huge losses. He had reportedly lost Rs 70 lakh, which he had raised through loans.

Suryapet police recovered his body from a room after the lodge owner lodged a complaint that the person staying in the room was not responding to door knocks. Police also recovered a suicide note near the body. Money lenders had taken away his car and made him sign some cheques.