Suspected cult members, shot and killed a young man, whose identity was later revealed Thursday, to be one Olubunmi Elusakin, after his parents had allegedly bought him a brand new Sport Utility Vehicle (SUV).

Police source however alleged that a rival cult group called Eiye confraternity might have killed Elusakin. The source said the victim was a strong member of another cult group called the Black Axe, allegedly operating in many institutions of higher learning in Nigeria.

The incident it was gathered happened at the University of Lagos Amphitheatre. Police source told our Correspondent that already the School management in conjunction with the Police was making headway toward tracking down those behind the killing.

It was also gathered that there was palpable tension at Unilag, after the gruesome murder of the 300-level student of the Department of Business Administration, Mr Olubunmi Elusakin.

The deceased Police source said was allegedly gunned down at about 8pm last week Tuesday by suspected cultists.

Report has it that the 23-year-old student of the University of Lagos, was shot dead at a bar around St. Finbarrs in Akoka area of Lagos while having some drink with friends.

His assailants, suspected to be cultists and also students of UNILAG, walked up to him and shot him at pointblank range where he was sitting, it was learnt.

A student of the Department of Accounting, who preferred anonymity, said he knew the deceased.

“His parents had recently bought a new SUV for him. He was such a cool-headed man. But everybody knew him as one of the ‘big boys’ in the Faculty of Business Administration,” the student, who spoke under condition of anonymity, said.

Police at the State Criminal Investigation Department (SCID), Panti Street, Yaba, Lagos, said the deceased was a 300-Level student.

“From investigation so far, the assailants were not even masked. Our findings revealed that he was sitting at a table inside a bar around St Finbarr’s when they walked inside and shot him on the head around 8pm last week Tuesday.” a source told our correspondent.

The remains of the deceased were buried on Wednesday, one week after the incident. An autopsy was conducted on the body on Tuesday.

Police are working on the suspicion that the deceased was killed as a reprisal for a grouse against the cultists even though it has not been established if Elusakin belonged to any cult group.

The Facebook wall of the deceased, who was fondly called B Money by friends, has been awash with condolence messages from associates.

“I still can’t believe you are gone B Money. You have always been the most decent and gentle guy I know but death has cut the long story short. Heck, I can’t hold the tears rolling down my eyes,” one friend, Damola Ajala wrote.

“I am feeling alone, I am feeling very sad. I don’t know about my heart. I am thinking about something is lost in my life. B Money, my one and only friend, best friend. Brother from different mother, I miss you so much,” Oladipo Dotun, who was said to be the deceased’s closest pal, wrote on Facebook.

Another friend, Habibat Adeyinka poured out her emotion, writing, “Bunmi, please wake up. I am ready to say yes. I am going to date you now. Please.”

A spokesperson for UNILAG, Mr. Olagoke Oke of the Information Unit, asked for more time to get details about the incident when contacted on Thursday. Spokesperson for the Lagos State Police Command, Mr. Kenneth Nwosu, who confirmed this, stated that efforts were being made to track down the killers of the UNILAG student.