The incident took place last night when Himanshu Bansal, Gazi and Lakshya were returning from Connaught Place after a party. The trio were racing their bikes, they said.
When Himanshu reached near Mandi House Metro Station, his motorcycle was about to hit an elderly man crossing the road, police said.
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The man, a resident of Vivek Vihar, was declared brought dead by doctors, police added.
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