Two real estate businessmen were shot dead in broad daylight today in Karnamguda village under Ibrahimpatnam mandal of Ranga Reddy district.
The victims have been identified as Srinivas Reddy and Raghavendra Reddy.
According to reports, unidentified miscreants came to the village and opened fire at the victims.
While Srinivas Reddy died on the spot, Raghavendra Reddy died while undergoing treatment at a hospital.
Police said that differences between the assailants and the victims over a real estate venture led to the firing and twin murders.
They said that the victims and one Matta Reddy had developed a venture in 22 acres of land at Patelguda. However, differences cropped up among the trio after some time.
The family members of the victims said that the latter had left their houses after Matta Reddy had called them up.
The police apprehended Matta Reddy and are questioning him.
The police said that several cases were pending against victims Srinivas Reddy and Raghavendra Reddy, too.
Rachakonda Police Commissioner M M Bhagavath visited the scene of firing.
filed in:Crime, Hyderabad Crime, Deaths, Murders, Real Estate, Hyderabad Real Estate