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"He was brought dead to the Apollo hospital at about 1:30 pm. The family says he had hanged himself. Police is yet to verify anything. We are investigating," Chennai Police Commissioner T Rajendran told PTI.
Police have rushed to his house and are conducting enquiries.
When the body of 47-year-old Batcha was taken to the hospital, doctors declared him "brought dead."
Hospital sources said the body would be taken to a government hospital for post-mortem.
Batcha was the Managing Director of Greenhouse Promoters, a firm under the scanner of the CBI as well as the Enforcement Directorate.
The CBI along with the ED had conducted searches at his premises late last year.




















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