Malayalam film producer and serial actor  Ajay Krishnan, 29, was found dead in Kollam on Saturday.

According to reports, his upcoming film “Avarude Ravukal” starring Asif Ali, Unni Mukundan, Aju Varghese, Vinay Fort, Honey Rose, Lena and others - under the banner Ajay Entertainment was his debut film as a producer. Reports further reveal that he committed suicide because of the financial crisis that he was going through. 

An official with the Kollam West Police Station was quoted saying "He was concerned over the success of the film at the box office. He had also shared his concern with his parents. It seems that the film cost him ₹ 4 crore and he was facing financial crisis. This might have forced him to take the extreme step.”