A 43-year-old cocoa dealer identified as Olawale Festus, allegedly committed suicide by hanging himself in his shop during the weekend.
The incident happened at Oke-Ola area, Gbongan, headquarters of Ayedaade local government area of Osun state.
Reasons for the action taken by the deceased could not be ascertained as residents described him as a very popular person in the town.
The Police Public Relations Officer, Mrs Yemisi Opalola, confirmed the incident to newsmen.
She said the reason for the sad occurrence could not be confirmed as efforts are still on to ascertain the reason for his action.