A Greek man arrested in connection with the murder of Stavros Demosthenous has been released after investigations determined that he was not involved in the crime, the Cyprus News Agency reported on Tuesday.
Meanwhile, the remand of two of the six suspects in the case, aged 58 and 30, has been renewed for another eight days.
Their re-remand follows Monday’s decision to extend the detention of another suspect, aged 44, who is also alleged to have been involved in the murder.
Police had previously identified the 39-year-old Greek man, now released, as the owner of a double-cab truck captured on CCTV footage during the investigation.
Although he admitted being present at the scene, he consistently denied any role in the killing, while police initially considered him a key suspect.
The footage reportedly showed him driving the vehicle linked to both the shooting and the subsequent arson of a van in the days leading up to and on the day of the murder.
The same vehicle was also seen following a motorcycle, with investigators suspecting its driver assisted the gunmen in fleeing after abandoning the bike used in the murder of Demosthenous in Ayios Tychonas.
Limassol businessman Stavros Demosthenous was shot dead near his home in Ayios Athanasios on October 17.
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