A local industrialist was shot dead by two unidentified members of a gang this evening. The incident took place in front of a rice mill belonging to the deceased, Ravinder alias Pappu Kochhar.Kochhar was waiting in his car for the gate of his mill to be opened when the assailants, who came in a Swift Dzire car, fired three shots at him. Kochhar owned several rice mills and two schools. The murder is said to be the handiwork of a gang of extortionists.On February 7, three gangsters had taken away a car from Kochhar. The police had booked gangsters Bunty Dhillon (25), Jumpy Don (21) and Sema Behbal Kalan. Fearing for his life, Kochhar had not lodged a complaint with the police. However, taking suo motu notice of the incident, the police had registered a case on the complaint of the Jaito SHO and booked the three.