The arrested accused include a history-sheeter and a car driver. Some sharp-edged weapons, Rs 95,000 in cash and gold ornaments valued at Rs 1.7 lakh and a motorcycle were recovered from them.
The deceased identified as Kilaparthy Appalanaidu (31) was stabbed to death at Akkayyapalem here on July 12.
According to police, Appalanaidu allegedly owed Rs 1.2 lakh to one of the accused Mylapalli Sagar (39), a car driver, while the other accused is identified as Vasupalli Lakshmana Rao alias Kranti (44), a history sheeter.
He said that one Siriki Srinu, who is also friend of Sagar, had allegedly offered Rs 4 lakh to the latter to eliminate Applanaidu as the deceased allegedly had an illicit relation with a woman with whom Srinu was also having an affair. Srinu allegedly paid 'advance' of Rs 2.8 lakh to the accused duo.
"Sagar accepted the offer and joined hands with Kranti, employed as a sanitary supervisor at the Greater Visakhapatnam Municipal Corporation. The duo attempted to kill Appalanaidu on three occasions in the past but failed before finally succeeding on the night of July 12," Srinivas said.