Shaukat Ali was targeted near the Matitar High School, barely 100 meters away from his residence.
The victim, who ran a tent and catering business and a chicken farm, was quite popular, neighbors said regretted the loss. He was returning from his chicken farm.
Angry over the killing, hundreds blocked roads in the area.
This was the second such incident in a week. Earlier, Arvind Choudhary, a businessman from Patna, in his early 40s, was shot dead in Sugauli near Motihari, the district headquarters of East Champaran.