Prominent Indian businessman Dr CJ Roy has passed away: Source

Dubai-based Indian entrepreneur Dr CJ Roy, Chairman of Confident Group, has died under tragic circumstances during ongoing Income Tax department operations, according to confirmation from close family sources. The incident occurred on Friday, January 30, 2026, with preliminary reports indicating the businessman succumbed to a self-inflicted gunshot wound following intense interrogation sessions.

Family representatives revealed that Dr Roy faced relentless questioning and perceived intimidation during the tax raids before retreating to his private office. A single gunshot was subsequently heard, prompting immediate medical response. Despite being rushed to a nearby medical facility, medical professionals were unable to revive the prominent business leader.

Dr Roy leaves behind his wife, daughter, and son, along with a substantial business legacy spanning multiple sectors. Established in 2006, Confident Group pioneered a zero-debt financing model before expanding into Dubai’s real estate market in 2024 with the Confident Lancaster project, followed by Confident Preston in 2025. The conglomerate had diversified into hospitality, education, entertainment, and building materials under Dr Roy’s leadership.

Beyond his corporate achievements, Dr Roy served as Honorary Consul of the Slovak Republic, fostering bilateral trade and cultural exchanges. The Emirates Hills resident maintained an active social media presence and was recognized for his philanthropic initiatives, including a recent Dh20 million charitable partnership with Kerala Muslim Cultural Center to provide clean water access in remote Indian villages.

The business magnate was also known for his automotive passion, maintaining an extensive collection of luxury vehicles, and regularly hosting community gatherings at his Dubai residence. The incident has raised questions about enforcement methodologies during financial investigations, though official statements from Indian authorities remain pending at this time.