India, Feb. 16 -- Six days after a 35-year-old businessman was chased and shot dead allegedly by at least three bike-borne assailants near his factory, police on Sunday said they had solved the case with the arrest of five people. Their interrogation revealed that the murder took place during a robbery attempt.

One of the accused was arrested following a brief exchange of fire with a police team in the Bawana area late Saturday night, police said, adding that he was shot at his leg.

The businessman, Vaibhav Gandhi, ran a plastic granules manufacturing factory in the Bawana industrial area of outer Delhi.

However, foreign-based fugitive gangsters Randeep Malik and Anil Pandit took responsibility for the murder on a social media post, sa...