He was critically ill till Friday afternoon.
The 81-year-old titan of Kannada literature who was admitted to Manipal Hospital, Bangalore, was suffering from multi-organ failure.
Ananthamurthy was suffering from renal failure and was under dialysis for some years. He developed cardiac and respiratory complications and was admitted to hospital about 10 days ago.
He was shifted to ICU four days ago.
Born on December 21, 1932 in Melige, a tiny hamlet near Thirthahalli taluk of Shimoga district, Udupi, Rajgopalacharya Ananthamurthy was the sixth of the eight Jnanpith awardees from Karnataka. He was presented with the award in 1994, in recognition of the body of his work.
A Padma Bhushan award winner, Ananthamurthy was a finalist for the Man Booker Prize in 2013.
Ananthamurthy hit the limelight with his novel, "Samskara", which he wrote in 1965. The modernist novel was made into an eponymous movie that set a new trend in avant garde cinema in the country.
His other works include "Ghatashraddha", "Bharatipura", "Avasthe" and "Bhava".
The renowned author courted controversy before the 2014 Lok Sabha elections when he said he would leave the country if Narendra Modi won the election and became the Prime Minister of India.
The writer, however, changed his stand later and said he was emotionally overwhelmed while making the statement.
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