A self-proclaimed witch doctor told police, who caught him carrying £10,000, that the money was to be used for human sacrifice in Africa.
Police are also appealing for witnesses who may have been in the area at 07.00 today (5 November).
One woman has died and three people are being treated in hospital.
Amarjit Singh Rai's family paid tribute to him today and released the following statement:
’’Amarjit Singh Rai was a loving son, brother, husband and a devout father; he was a pillar of strength and respect within the community.
“His loss is greater than words can express and the tragic way he has been taken away will leave a lifetime of wounds.
“He was a much respected businessman, who was also very giving to all he met.
“We would also like to thank the public for their support in helping the police enquiries.”
A 27-year-old man has been charged with the murder of 41-year-old Amarjit Singh Rai from Edgbaston in Birmingham.
The man was charged after being brought back into police custody from a secure mental health facility.
Amarjit Singh Rai was found with serious wounds on Gillott Road on Thursday 2nd May. A post-mortem revealed he died as a result of multiple injuries.
The 27-year-old man was arrested on suspicion of murder at the scene and was transferred to a secure mental health facility after being deemed mentally unfit for questioning.
Police are continuing to examine the scene, after a 41-year-old man was murdered in Edgbaston in Birmingham.
Police officers cordoned off a section of Edgbaston while they examined the scene of the fatal assault for evidence.
– Detective Inspector Justin Spanner, the officer leading the investigation
We are carrying out local enquiries in the area and we are keen to speak to anyone who may have seen what has taken place today.
We know the men knew each other however the reason for the attack remains unclear at this stage and will clearly form part of our enquiries.
Detectives have informed the victim’s family and liaison officers are supporting them at this time.
A cordon is in place on Gillott Road in Edgbaston at the junction with Hagley Road whilst specialist officers thoroughly examine the scene.
A murder investigation has been launched after a man was assaulted and died in Birmingham today.
The attack happened in Gillott Road in the Edgbaston area of the city. Police believe the 41-year-old man knew his attacker. A 27-year-old man has been arrested in connection with the man's death.
A cordon is currently in place and the victim is yet to be formally identified.
Police say there are no known links between the man's death and the murder of 75-year-old Mohammed Saleem in Small Heath earlier this week.
Police have arrested an 18-year-old man on suspicion of attempted murder following a double stabbing in Edgbaston.
It happened on Wednesday evening (3 April) at a Spar shop on the Bristol Road when a dispute broke out.
One man is still in a serious condition in hospital. Another has non life-threatening arm injuries.
The road where two men were stabbed last night remains open in Edgbaston, Birmingham.
The police say it happened at 11pm last night.
Two men are being treated in hospital for stab wounds after a dispute at a shop in the Edgbaston area of Birmingham.
A 24-year-old man is in a critical condition and a 21-year-old man suffered a serious arm injury which is not considered life threatening.
Both men are continuing to receive treatment.
– Chief Inspector Paul Marriott, Force Incident Manager
It seems an argument broke out just outside the store with a second group of people and that then led to these two men suffering stab wounds.
We urge anyone who was in the area and saw what happened, or has information relating to the others involved, to contact us as a matter of some urgency.