A police team has been constituted to probe the death of Cafe Coffee Day founder V G Siddhartha, Mangaluru police commissioner Sandeep Patil said on Thursday, 1 August.

Cafe Coffee Day (CCD) Founder VG Siddhartha was cremated at his coffee estate in Karnataka’s Chikkamagaluru on Wednesday, 31 July, as thousands thronged to pay their last respects.

The coffee tycoon’s body was recovered from the Netravati river early on Wednesday.

Siddhartha had gone missing on Monday night en route to Karnataka's Mangaluru. A letter which was purportedly written by him was recovered shortly after, wherein he had stated he was under "tremendous pressure" from lenders and private equity partners. The letter had also alleged "harassment" at the hands of tax authorities.