The Incident reportedly occurred on Sunday at Okhoro road in Egor Local Government of Edo.
The victim was said to have been driving in his Sport Utility Vehicle (SUV), when the gunmen who drove in another vehicle accosted him.
The source described the victim as “Aza Man”, a code name by internet fraudsters for a person, who provides bank account for receiving proceeds of Internet fraud.
According to the source, the Aza man ran into the trouble after he reneged on agreement with other members of the syndicate on the sharing formula for the N94 million realised from a scam.
“While the Aza man was promised a certain percentage of the amount upon the payment, he refused and instead retained the fund to himself.
“He refused to share with the group,” the source said.
When contacted, SP Moses Yamu, the Public Relations Officer of the Police Command in Edo on Tuesday confirmed the shooting.
He noted, however, that investigation had commenced, with the aim of arresting the perpetrators.
Yamu added that the victim was undergoing treatment at a medical facility in the state. (Text, excluding headline: NAN)
