Following the arrest of two persons on Friday night, the Chennai City Police said they were close to solving the murder of Venkateswarlu Simmalu.
While police officials investigating the sensational case have chosen to hold back the identities of those believed to have masterminded the murder, they revealed details of the two people who have been arrested in connection with it. A police source said Muthupandi and Jothi had been arrested for allegedly carrying out the gruesome murder of Venkateswarlu, a vice-president of Kalpataru Power Transmission Limited.
The official, however, explained that a business motive was behind the murder, which, he added, had been carried out at the behest of a contractor of the company. The contractor had employed the two hitmen, from Tirunelveli. The driver of Venkateswarlu was still under detention, the official said. He added that the contractor was yet to be arrested. Venkateswarlu, a resident of Kumaran Colony in Vadapalani, was hacked to death by a two-member gang, while he was leaving a clinic. Venkateswarlu had stopped at the clinic, while returning home from his office in Anna Nagar.