The body of India’s largest coffee chain, Cafe Coffee Day, Founder V G Siddhartha who had gone missing on Monday night from Mangaluru, has been found by the fisherman near an ice plant in Hoige Bazar beach on Wednesday around 6.30 a.m.
The beach is around less than a kilometer from the bridge where he was last seen.
Mangalore Commissioner of Police Sandeep Patil said, “The body was found in Hoige Bazaar at 6 a.m. We have also informed the matter to his family. The body has been sent to Wenlock Hospital for taking up formalities. We will continue the investigation.”
Formal identification of the body is yet to take place by a family member.
Siddhartha, a noted entrepreneur and son-in-law of former Chief Minister of Karnataka SM Krishna was last seen walking on the bridge by his driver Basavaraj Patil.
Police have also recovered a letter, which Siddhartha had written, address to the board of directors and employees of CCD. In the letter he mentioned that he was “succumbing to the situation”, citing financial constraints with regard to the business.