Ramesh Prasad Agarwal, the father of Ritesh Agarwal, Founder and Group CEO of OYO, died on Friday, March 11, after falling from a 20th-floor balcony of a high-rise in Gurugram. The incident took place at a gated apartment complex located in DLF Phase-5 in Sector 54. Ritesh Agarwal issued a statement on the incident which said:

According to the police, at around 1 pm they received information from DLF security that a person has fallen from the 20th floor of a tower of The Crest Society in Sector 54, and has been taken to the Paras Hospital. Virender Vij, Deputy Commissioner of Police (DCP) (East), said in a statement that Ramesh Prasad Agarwal was declared brought dead at the hospital, adding that the body has been handed over to the family after conducting a post-mortem. "The body had multiple fractures. It appears that the victim died after falling from the high-rise," said Sudhir Chaudhary, who conducted the autopsy.

Preliminary investigation suggests that it appears to be a case of accidental death, but the actual cause will be known after a detailed investigation, Vij said. No suicide note has been found on the spot, and the family has also not lodged any complaint so far, the police said. "I was in the basement of the society when I heard a loud noise. I immediately rushed to the spot and found that a man was lying in a pool of blood near the security office," said a resident of the society, requesting anonymity.