Guwahati: On Wednesday, a businessman was allegedly shot dead in Bilasipara of Dhubri, Assam over financial disputes.

The deceased was identified as Baser Ali, who as per reports is quite well-known in the region.

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He was allegedly shot from point-blank range by the assailants. 

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He was killed near the Bhairabganj area in Bilasipara and died on the spot before any medical assistance could arrive.

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The suspects after shooting him dead fled from the spot.

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The police have initiated an investigation and detained three persons in connection with the shooting.

While the exact cause is not yet known, it has been claimed to be a financial dispute.

The police have recovered empty cartridges from the spot and are looking for the murder weapon.