Four suspects arrested in connection with the killing, in Ayia Napa early this month, of Gary Christodoulou have been released.
The four had been remanded for eight days on November 16 but were released on Thursday evening because no evidence was found tying them to the murder.
The four men, aged 27, 36, 44 and 35 have denied any connection to the murder.
Christodoulou was gunned down on November 1 on the highway just outside Ayia Napa.
Police located his car in a ditch next to the hard shoulder of the Rizoelia to Ayia Napa road motorway and his body in a thicket of acacia trees on the opposite side of the highway.
The post-mortem revealed that the victim suffered four gunshots, two to the head and two to his torso.
On the night of the murder, Christodoulou had paid a visit to the homes of two of the suspects, one of whom was said to be his friend.
In his statement, one of these two men said he had dinner with Christodoulou who left at around 9pm and that they did not have any contact after that.
Security camera footage obtained by the police established that Christodoulou later returned to the same man’s house.
Christodoulou was known to police in connection with drug-related cases.