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The Congress, which held 12 of the 15 seats where byelections were held on December five, won only two, in a huge set-back to the opposition party.
In sharp contrast, the ruling BJP turned in a stellar performance, bagging 12 seats.
“Today I have decided to resign from this post.
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The announcement came minutes after Congress Legislature Party leader Siddaramaiah announced his resignation from his post.
Rao said he arrived at a conclusion soon after the exit poll results on December 5 showed landslide victory for the BJP in the byelections.
“I too owe a lot of moral and political responsibility.
I had discussed with our Delhi based leaders about the poor prospects of our party in the byelection and that if something goes awry, I will have to take a decision accordingly,” Rao said.