Pattupogula Chandra Sekhar (60), a businessman, was killed at his own hotel near the old bus stand here this afternoon, the police said.
The unidentified assailants attacked him in his room with sickles and axes and he died while being taken to the hospital, police said.
In another case, two people were arrested and 250 grams of gold ornaments worth Rs 7 lakh were seized from them by the Kadapa district central crime station police this evening.
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They were habitual offenders, the DSP claimed. The two would be produced before a court tomorrow.