According to the police, the couple consisted of a boy studying in the second year of an intermediate course and a girl studying in the first year at a private college.
The two had been in a relationship for some time. They took the extreme step of ending their lives by hanging themselves on the same rope at the boy's house on Wednesday.
A suicide note was reportedly found at the scene.
Upon receiving information, the police reached the spot, registered a case, and sent the bodies to the Government hospital in Dubbaka for post-mortem.
Further investigation is currently underway, added the police.
(With UNI inputs)