Andhra Pradesh   

5 held in urban bank chief murder case

HYDERABAD, MAY 5. Dispute over a land deal with one of the bank directors has led to the killing of Neelakrishna Co-operative Urban Bank Chairman, Bhaskara Narayana.

Investigations by the Malkajgiri police have revealed that Narayana's close friend and the bank director, Balasubramanyam, allegedly got Narayana killed through five hired assassins. The Cyberabad Police Commissioner, M. Mahender Reddy, told a press conference here on Wednesday that five hired killers were picked up, while the prime accused, Balasubramanyam, who got admitted to hospital complaining of chest pain, was yet to be arrested.

In the intervening night of May 1 and 2, the five accused barged into the victim's flat at Malkajigiri and allegedly killed him.

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