Hyderabad, Jul 23 (PTI) A 20-year-old degree student from Andhra Pradesh allegedly died by suicide here after he suffered huge losses in cricket betting, police said on Sunday.

He took the extreme step by hanging himself at his hostel room on Saturday night, they said.

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Based on preliminary investigation, police said he had incurred huge losses after betting during IPL cricket matches and he had also taken loans. He was in depression and ended his life, they said.

A case was registered at Chikkadpally police station.

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(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)