The victim was identified as Jimmy Singh, 37, presently residing in Consolacion town.
Police said that at around 5 p.m. that day the victim was collecting payments from his customers in his lending business at the said place when two men on a black Honda motorcycle with plate number GM-3627 stopped beside him.
The passenger, whose face was covered with a piece of cloth, approached him and then held a screwdriver against him, demanding his money.
The driver of the motorcycle also showed Singh that he had a gun tucked in his waist and the moneylender had no choice but to give his P1,500 cash, Nokia 1100 cellular phone and wallet containing important documents. - Norvie S. Misa