The deceased are Muniraj (20) alias Lotte and Manu (25), both residents of Nandini Layout.
On Tuesday night, Lotte and Manu were returning home, when the accused, who had hatched a conspiracy to eliminate the duo, were waiting near a temple in Vijayanandanagar.
As soon as the duo approached the accused attacked them with lethal weapons, killing Manu on the spot, while Lotte sustained severe injuries.
He screamed for help as his house was just a few yards away from the temple. His mother rushed him to M S Ramaiah Hospital, but the doctors declared him brought dead.
Police suspect, one of the friends of the duo, also named Muniraj is behind the attack.
All the three were friends and indulged in criminal activities.
There used to be quarrels among the three often over petty issues.