The head of a bank in Hyderabad was injured when an unidentified person fired at him at his apartment on Sunday, police said.
Manmath Dalai, Chief Executive Officer of KBS Local Area Bank, was shifted to a private hospital and he is said to be out of danger.
The incident occurred in Masab Tank in the heart of the city.
Police said a man came to the apartment inquiring about Dalai.
He went to the official's flat and after a few minutes the guard heard the sound of gunfire.
"A bullet hit the bank official in his leg. We have launched a hunt for the unidentified attacker who escaped on his motorbike," said Deputy Commissioner of Police Venkateswara Rao.
More details are awaited.