56-year-old Akhtar Javeed, was shot dead in a raid at the premises of his catering supplies business in Digbeth, Birmingham.
It is said that masked men had tied up several employees at the warehouse along with Javeed before leading him away.
He was later found on the street with a gunshot to his head.
Police have released a statement from Javeed's family. “He's left behind a wife, a daughter and three younger sons, two of which are still so young. If you have any information at all, come forward. Please help bring closure to our family and justice for him. He was cruelly taken from us and his young children, who will now have to grow up without their father.”