Two members of the gang had approached the businessman last night to purchase the idol after coming to know that he planned to sell it, police said.
They negotiated the price with the businessman for buying the 2.5 foot 'dancing Nataraja' idol and called in seven other members of the gang, who were waiting outside the house.
The nine robbers beat up the businessman and his wife and then fled with the idol in a Multi Utility Vehicle.
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