Kathmandu, Nepal: Three persons have been arrested for their alleged involvement in the assassination of Sharad Kumar Gauchan, then chairman of the Federation of Contractors' Association of Nepal (FCAN) on Monday.

According to the police Lopsang Lama, Roshan Budathoki and Amber Rana were arrested and brought to Kathmandu for the further process of investigation. 

Gauchan, the proprietor of Danfe Construction and professionally a engineer was shot dead in October last year in broad-day light in Baneshwar, Kathmandu while he was heading toward FCAN's office in Anamnagar.

The shooters had used a motorbike bearing forged number plate (Ba 35 Pa 2461) and gun brought from Indian town of Betihya for the purpose of killing Gauchan.