India, June 7 -- A 42-year-old man was arrested on Friday for shooting dead a 32-year-old hotelier in a market in Raj Nagar Extension in Ghaziabad on June 1, police said. The victim, Rahul Dagar, and the accused, Mohit Chaudhary, were friends and business partners and the murder was the fallout of a dispute over money.

Seven people - five friends and business partners of the victim, and two unidentified suspects - were involved in the conspiracy to kill Dagar, but it was Chaudhary who shot him dead, police said. He is the second person arrested in the case. Ritesh Bindal, 37, was arrested on June 1.

"Rahul Dagar ran a hotel in Haldwani, Uttarakhand with his business partners and was also going to open a hotel in Noida on June 2. So on t...