Mumbai, Sep 25 (PTI) Unable to pay piling debt, a 47-year-old garment trader hanged himself from a ceiling fan with a stole at his home in suburban Kurla on Sunday, police said.

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The deceased, Ashok Mohnani, owns a garment shop in Kurla. He had suffered losses in business and taken a loan of at least Rs 25 lakh which he was unable to repay, due to which he went into depression, a police official said.

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The incident occurred on Sunday morning after Mohnani's son and wife left for the market, the official said.

He was found hanging from the ceiling fan when they returned home, he said.

Police have registered a case of accidental death and further investigation is underway.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)