"I am writing this letter amidst a lot of pain. I am saddened by the fact that I am resigning from a party of which I was part of for the past 40 years and the party which I built in the state of Karnataka with my very own hands.
"My resignation is not due to any other reason but due to my own party members. Many in the party thought that putting me down was the only way to secure their future in the BJP. They thought by sidelining me, they would grow in the party. Hence I have decided to resign from the party.
"I have decided to form a new party. I am not power hungry. I want to remind you that when we were in a coalition with the JD(S) and they refused to hand over power to us, my own party leaders had told me to give in to their demands.
"I had flatly refused to do so and decided that we should contest the elections which we did and I ensured that we won.I will now form a new party and work for the development of Karnataka."