Industrialist's murder case hits dead end; to be transferred to CCB

The murder case of Paruchuri Surendra Kumar (51), the founder of Paruchuri Global Foundation (PGF), Global Security Services and Galaxy Capital Investments Pvt Ltd, is likely to be transferred to Central Crime Branch (CCB) for further investigation.

Surendra Kumar was shot dead by two unidentified assailants near his house in Sanjaynagar in Bengaluru on the night of October 30, 2016. Kumar, a bachelor, was staying alone in a rented bungalow in Postal Colony in Hanumaiah Layout.

A police team went to Mathura in Uttar Pradesh and questioned Kapil Saraswath, a former manager of PGF, but failed to get any leads to establish Kapil’s involvement in the murder. The victim had bought two acres of land in Mathura and reportedly had differences with the builder. Police had summoned the builder but his involvement in the murder was not established.

“CCB police and cyber crime police are assisting Sanjaynagar police but there has hardly been any progress. Hence, senior police officers are planning to hand over the case to the CCB,” said a police officer.

Recent investigations revealed that a day before the murder, between 11 am and 6 pm, the victim spent a considerable amount of time with his former personal guard Sunil and Kapil’s brother Maunendra Saraswath. Sunil was Parachuri’s guard till 2015. He quit Parachuri’s firm and joined an industrialist from Ballari, citing pay and personal reasons.

He told police that he had differences of opinion with Parachuri over pay but had no personal grudge against him. After a gap of four years, he chanced upon Maunendra in Bengaluru. Police said Maunendra visited Sunil’s house on October 29 as it was a holiday.

Police said suspicions on Maunendra were aroused when he bought a car, a bike and an expensive watch after Parachuri’s murder was reported. On being questioned about his source of income, Maunendra did not give a convincing reply.

Police suspect the involvement of Sunil and Maunendra but they are yet to collect evidence in this regard. Police are however, not ruling out the possibility of the two having given supari to get Parachuri eliminated.