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Indian media: Yakub Memon, convicted in 1993 Mumbai bombings that killed 257, has been hanged

  • An Indian Muslim man walks past Rapid Action Force (RAF) soldiers standing guard in the neighborhood of Yakub Abdul Razak Memon's family residence in Mumbai, India, Thursday, July 30, 2015. Memon, 53, the only death row convict in India's deadliest terror attack, the 1993 Mumbai bombings that killed 257 people, was hanged early Thursday after the country's president rejected a last-minute mercy plea, several newspapers and TV stations reported. He was executed inside a prison in western India where he had been incarcerated since 1994. (AP Photo/Rafiq Maqbool)

    An Indian Muslim man walks past Rapid Action Force (RAF) soldiers standing guard in the neighborhood of Yakub Abdul Razak Memon's family residence in Mumbai, India, Thursday, July 30, 2015. Memon, 53, the only death row convict in India's deadliest terror attack, the 1993 Mumbai bombings that killed 257 people, was hanged early Thursday after the country's president rejected a last-minute mercy plea, several newspapers and TV stations reported. He was executed inside a prison in western India where he had been incarcerated since 1994. (AP Photo/Rafiq Maqbool)  (The Associated Press)

  • In this Sept. 18, 1993 photo, Yakub Abdul Razak Memon, right, is taken back to a jail in a police vehicle after he was allowed to visit his Mahim residence in Mumbai, Maharashtra state, India. Memon, 53, the only death row convict in India's deadliest terror attack, the 1993 Mumbai bombings that killed 257 people, was hanged early Thursday, July 30, 2015 after the country's president rejected a last-minute mercy plea. He was executed inside a prison in western India where he had been incarcerated since 1994. (Mahendra Parikh/Indian Express Archive via AP)

    In this Sept. 18, 1993 photo, Yakub Abdul Razak Memon, right, is taken back to a jail in a police vehicle after he was allowed to visit his Mahim residence in Mumbai, Maharashtra state, India. Memon, 53, the only death row convict in India's deadliest terror attack, the 1993 Mumbai bombings that killed 257 people, was hanged early Thursday, July 30, 2015 after the country's president rejected a last-minute mercy plea. He was executed inside a prison in western India where he had been incarcerated since 1994. (Mahendra Parikh/Indian Express Archive via AP)  (The Associated Press)

  • Indian policemen stand guard in front of the building where Yakub Abdul Razak Memon's family resides in Mumbai, India, Thursday, July 30, 2015. Memon, 53, the only death row convict in India's deadliest terror attack, the 1993 Mumbai bombings that killed 257 people, was hanged early Thursday after the country's president rejected a last-minute mercy plea, several newspapers and TV stations reported. He was executed inside a prison in western India where he had been incarcerated since 1994. (AP Photo/Rafiq Maqbool)

    Indian policemen stand guard in front of the building where Yakub Abdul Razak Memon's family resides in Mumbai, India, Thursday, July 30, 2015. Memon, 53, the only death row convict in India's deadliest terror attack, the 1993 Mumbai bombings that killed 257 people, was hanged early Thursday after the country's president rejected a last-minute mercy plea, several newspapers and TV stations reported. He was executed inside a prison in western India where he had been incarcerated since 1994. (AP Photo/Rafiq Maqbool)  (The Associated Press)

Indian media are reporting that Yakub Abdul Razak Memon, the only death row convict in India's deadliest terror attack, the 1993 Mumbai bombings that killed 257 people, has been hanged after India's president rejected a last-minute mercy plea.

Memon, 53, was executed early Thursday morning inside a prison in western India where he had been incarcerated since 1994.

An accountant, Memon was convicted in 2007 of helping raise funds for the serial blasts that rocked the financial capital. By late Wednesday Memon finally exhausted all the legal avenues open to him in order to escape the death penalty.

Yakub's older brother Ibrahim, or "Tiger," Memon and Dawood Ibrahim, both leading gangsters in Mumbai in the 1990s, are the main suspects in the bombings and have both fled the country.