Source: The Tribune
http://www.tribuneindia.com/2005/20051105/main7.htm
On November 4, 2005 The Tribune reported, "Hundreds of followers of Jainism were emotionally touched during the preaching session of Jain muni Gyanchand, when a Mumbai-based diamond baron announced his decision to take renunciation here on Wednesday. The multi-millionaire businessman, Mr Uttam Chand Kheevamsara, said he had enough of material prosperity and worldly pleasures and had therefore decided to get initiated as a monk and take ‘diksha’ at a formal function to be held on April 30 next year. Mr Kheevamsara, who hails from Beawer in Ajmer district of Rajasthan, handed over a letter to muni Gyanchand conveying the collective consent of his family members to his decision on ‘sanyas.'"