Hyderabad, Feb. 1 -- Two unidentified assailants opened fire at a cloth merchant man and fled with Rs.6 lakh in cash, which he brought to an ATM centre at the State Bank of India office at Koti in Hyderabad on Saturday morning, police said.

The incident occurred at around 7 am, said police. The victim was identified as P V Rinshad (26), a businessman from Kerala dealing in readymade kids' clothing , and currently residing in Nampally.

"He was injured in his leg and is currently undergoing treatment. He is said to be out of danger," Khairatabad Zone deputy commissioner of police Koganti Shilpavalli said.

In a separate statement, Hyderabad police commissioner V C Sajjannar said special teams have been constituted to launch a manhunt for ...