Mysuru: The body of 56-year-old Jayaramu, a peon at University of Mysore Men’s P.G. Hostel in Manasagangothri, who was reported missing from the city since Aug. 29, was found in Varuna canal on Thursday.

Jayaramu, a resident of Gangothri Layout left house for work on the morning of Aug.29, did not return home following which his family members filed a missing complaint with the Jayalakshmipuram Police.

But Jayaramu’s body was found in Varuna canal in the outskirts of the city on Aug.31. Jayaramu is said to have given Rs.7 lakh loan to a University faculty after borrowing the money from a money lender. But as the faculty members did not return the money, the money lender is said to have pestered Jayaramu to return the money.

Jayaramu is suspected to have been murdered over this financial issue it is learnt.

The jurisdictional Mysuru South Police who have registered a case following a complaint in this regard, are investigating.