According to police, the trader, identified as one Rashid, was returning from a livestock market with some friends when a trio on a bike waylaid them.
One of the three bikers shot Rashid in the leg and snatched away a bag from him containing Rs 62,000.
But the sound of firing brought locals to the spot who then surrounded the alleged robbers and proceeded to beat them up.
While one of the trio lost his life as a result of the beating, a second alleged robber was left severely injured. The third member of the group, however, managed to escape with the looted cash.
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