A SEVENTY-year-old businessman is now in serious condition at the Georgetown Public Hospital Corporation, after he was shot by two bandits in front of his store on Lombard and Drysdale Streets, Georgetown on Wednesday.

Reports indicate that the businessman operates the Robinson’s General Store.

At the time of the shooting, the businessman was sitting on a chair in front of the business establishment when, at around 12:10 hours, he was confronted by two men on a bicycle.

Police said an argument quickly ensued between the men, which escalated into a physical altercation.

During the conflict, the businessman, who is a licensed firearm holder, was relieved of his gun and shot by one of the suspects who later escaped with the weapon.

After being shot, the businessman collapsed. He was rushed to the Georgetown Public Hospital where he had to undergo surgery. No arrest has been made as investigations continue.