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The deceased has been identified as Vishwanath. He is survived by his wife and two sons.
It has been alleged that, Vishwanath had taken a loan of over 4000 from the bank. It is said that Vishwanath met one of friend in the early hours of Wednesday and asked a loan of Rs 4,000 to pay an installment of one of his bank loans. His friend managed to give only Rs 2,000. After taking the amount from his friend, it is said that Vishwanath went to his tailoring shop and hanged himself.