Zia Sana alias 'Hat Kata Zia' alias 'Bomaru Zia' was shot during the wee hours of Friday at Koiyabazar South neighbourhood as, according to police, he was planning a robbery.
"Sana was plotting a robbery with 10-15 men in the area. They opened fire as police reached the spot. A shootout continued for around 15 minutes leaving Zia wounded," said Horintana police OC MM Mizanur Rahman.
Zia was declared dead at 4 am at Khulna Medical College Hospital, he said.
His accomplices managed to flee during the shootout.
The 45-year-old was the second-in-command of 'New Biplobi Communist Party' and implicated in nine cases of murder and drug peddling, said the OC.
Police recovered two firearms, locally-made weapons and 50 methamphetamine-based Yaba tablets from the spot.