A lorry owner identified as Matta Surya Rao (50), allegedly ended his life at Unguturu mandal. His body was found hanging from the lorry cabin on Friday. He was a native of Badampudi village in West Godavari district.
Police said that Surya Rao had taken a vehicle loan to buy the lorry and was driving it himself. However, he was struggling to pay the monthly instalments on time as he was going through a financial crisis.
The prospect of defaulting on his loan led him to take the extreme step, his family members said. Police registered a case.
Those experiencing suicidal thoughts are urged to call the 100 helpline for free counselling.