A youth was killed allegedly over financial transaction in Dhap-Checkpost area of Rangpur city on Saturday night.
Limon Mian, 27, of Khalifatari area was an employee of Gaibandha bus counter in the city.
Family members said one Shahjahan Ali, 30 -- an acquaintance of Limon -- asked Limon to meet him to settle an issue over financial transaction.
When Limon went there Shahjahan and his associates hacked Limon with sharp weapons.
A nearby shopkeeper was injured as he tried to save Limon. Police arrested Shahjahan.