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The deceased has been identified as Sharath Shetty, a resident of Mandedi in Pangala.
The incident took place near a shop near Sri Janardhana Temple in Pangala. Shetty, who was seriously injured and lying in a pool of blood, was rushed to a hospital by locals.
Kapu Circle Inspector K.C. Poovayya, Kapu Sub-Inspector Suma B, and Crime Sub-Inspector Bharatesh Kankanavadi rushed to the scene of the crime and are investigating.