The incident took place yesterday when Hemendra Kumar was returning home after closing his shop. Two bike-borne assailants shot him dead, they said.
Kumar had unsuccessfully contested the 2012 Assembly polls as an Independent candidate.
An FIR has been registered in this regard against Virendra Kumar, Bhanu Pratap and an unidentified person on the complaint of the victim's father, police said.
They added that an old enmity with relatives might be the motive behind the killing.
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