Financier hacked to death in Banashankari by armed gang live murder caught on CCTV camera

Pramesh S Jain.Yogesh K Porwar 

The south division police stepped up red alert following a gruesome murder of a 44 year old financier by an armed gang near Banashankari metro station in broad daylight on Friday.

The deceased has been identified as Madan N,resident of Lakkasandra,and hailing from Doddaballapura.

Senior officer told media persons,after visiting the spot and collecting information from the Jayanagar police inspector and passer by.

He said the victim had gone to buy vegetables at Banashankari market and was returning home in his car when the assailants intercepted him at around 11.45 am.

Madan was former employee with a private firm who quit the job to start finance and real estate business eight years ago.Before he could react,the gang attacked him with lethal weapons and escaped.

It is alleged that the assailants had followed him on bikes carrying lethal weapons wrapped in plastic covers and escaped in different directions.

The murder was shocked people who was passing by and witnessed the attack as mute spectators .

The attack was recorded in a CCTV installed at a nearby area.

Based on the complaint filed by Mohan N,former gram panchayath


member and elder brother of the deceased,the Jayanagar police have registered a case of murder and are investigating .

We suspect that old rivalry could be the reason behind the murder as few associates of a rowdies who were murdered in gang war assumed that Madan had provided financial assistant to eliminate their gang leaders in the area.

We have some clues on the assailants and trying to track them down he added.