Agra, Sep 6 (IANS) A company executive was shot dead from close range here Monday by two men who escaped with his bag containing Rs.12 lakhs.

Gaurav Mishra was shot a stone's throw distance from the New Agra police station, witnesses said.

A bleeding Mishra was taken by a colleague to a nursing home where doctors declared him dead.

Police said there were probably four people on two bikes. While one pair executed the plan, another kept a close watch from a distance.