Karnataka: Cafe Coffee Day founder V G Siddhartha was reported to have gone missing after he left from Bengaluru on Monday night. A letter written by V G Siddhartha has surfaced the internet on Tuesday in which he has apologised to people who "put their trust" in him and stated he failed to create the right profitable business model despite his best efforts.

Founder & owner, Cafe Coffee Day (CCD), #VGSiddhartha's letter to employees and board of directors of CCD, states, "Every financial transaction is my responsibility...the law should hold me & only me accountable."; He has gone missing from Mangaluru, search operation underway. pic.twitter.com/0GJc5vmvYt