A notorious group of robbers victimising Indian nationals was shot dead in Makati City, the country's central business district, on Friday after police a brief fire fight.
Police authorities reported that three other suspects, believed to be the companions of the primary suspect, were also arrested. One of the detained, who was injured during the fire fight, was rushed to a nearby hospital.
People on the streets went into a panic when they heard gunshots. The corpse of one of the suspect was later found on the street of Makati.
Earlier, the Criminal Investigation Detection Group (CIDG) Police office received intelligence information that the holdup gang was again planning to victimise Indian Nationals in Makati City on Friday. The CIDG police agents immediately went to the vicinity where the suspects were and apprehended them. Police also recovered two motorcycles used by them.
Makati City is becoming a frequent destination for Indian tourists and businessmen. Indian nationals are known for trading watches, housewares and clothing in the Philippines.
Indian nationals also have been involved in financial lending businesses outside Manila that provide Filipino micro entrepreneurs easy access to money capital.