A businessman hailing from Andhra Pradesh was shot dead by unidentified men in front of his house at Sanjayanagara area in Bengaluru on Sunday.

The victim identified as 50-year-old Paaruchuri Surendrakumar, was into real estate business. He also had his own security agency and ran Paruchuri Global Foundation, a trust that helps numerous students from economically backward families in Karnataka.

According to the investigating officer, the incident happened after 10 pm, when Surendrakumar was just about to enter his house.

“The two bike-borne assailants shot at him six times with an Indian pistol. They were wearing masks. While we are exploring all possibilities, some financial dispute seems to be the motive,” he said. 
The police officer added that Surendra was returning from his farmhouse in Devanahalli. “They waylaid the car so that Surendrakumar had to get off the car to enter his house. When he did so they fired at him. There are bullet injuries on his face too,” he said

He was rushed to Ramaiah Hospital where he was declared brought dead. 

“His personal secretary Deepankar Saikia and driver were witness to the incident. They informed the family members. The neighbours did not hear the sound of the shots as crackers were being burst in the area. They also seem to have studied the movements of Surendrakumar,” said the investigating officer. 

The CCTV camera of a jewellery shop in the locality has recorded the movements of the two accused. 

The police have formed a special team to nab the accused.