POLICE yesterday shot dead an armed robber and arrested three other suspected gang members after a grenade was thrown at officers during a botched robbery at a North Point gold shop.
Three policemen were hurt during the battle with the gang.
A motorist was praised for grappling with an armed suspect who tried to hijack his car after the lunchtime raid on the Emperor Gold and Jewellery Company in busy King's Road.
A lorry containing more than 10 liquefied petroleum gas canisters was caught in the crossfire and hit by a number of shots, smashing its windscreen.
The drama began at 1 pm, when two men with handguns and grenades burst into the shop while another kept watch outside.
After pistol-whipping 20-year-old staff member Mr Tse Ka-fai, the raiders escaped with gold ornaments valued at more than $100,000.