[3][4] In the early 2000s Sargsyan rose through the ranks of a local gang and by 2009 controlled industrial facilities, including a coal producer and a machine-building plant.
[3] In February 2024, Sargsyan was involved in a confrontation with a group of Chechens which left three wounded after an exchange of gunfire after a traffic accident in Moscow.
[4] Sargysan was assassinated by an explosive device in the lobby of his apartment block, Alye Parusa ("Scarlet Sails"), in Moscow on February 3, 2025, dying after being airlifted to hospital.
[citation needed] During the incident one bodyguard was also killed while five people were injured, Russian law enforcement reported that the bombing was "ordered and carefully planned".
[2] It is assumed that the assassination was the work of the Ukrainian security service, however, it is equally likely he was killed as part of a gang dispute.