The four men were arrested earlier and charged with robbery, manslaughter and Kidnap of jeweller Ramnikal Jogiya.
Now the 4 men have been charged with murder.
The four men are:
Thomas Jervis, 24, of Whetstone,
Charles Frances Mcauley, 20, Leicester,
Callan Reeve, 20, Leicester, and
Javon Roach, 30, Leicester.
All four will be presented to a judge on Friday at Leicester Crown Court.
Ramniklal Jogiya, 74 was last seen closing the family shop on Belgrave road on 24 January at around 7:45pm. When he did not reach home he was reported missing on that same day.
The next day the body of the jeweller was found in Gaulby Lane.
Over a dozen people were questioned over his death.
The last men arrested aged 22 and 20 were questioned on suspicion of handling stolen goods. The 20 year old was released but is still under investigation and the 22 year old has been released.
Mr Jogiya’s family have previously paid tribute to a “doting husband, father, grandad, brother and uncle”.
In a statement released through Leicestershire Police, they said: “Ramniklal was a loyal, gentle man who was passionate about his family.
“He was a doting husband, father, grandfather, brother and uncle, who loved nothing more than spending time with his family, whether it be sharing food, watching the cricket or catching up with favourite Asian TV serials with his wife.
“Our family has been left devastated.
“Our close knit family has lost a great man. We keep reliving what happened to him and we’re deeply saddened and hurt.”
Crimestoppers has offered a reward of up to £10,000 for information which helps police identify those responsible for the death of Mr Jogiya.
Anyone with information can contact Leicestershire Police on 101, or Crimestoppers on 0800 555 111.
Crime statistics of England and Wales.
Kidnappings have increased by 13% in England and wales. The overall category of violence against the person, which includes homicide, death or serious injury caused by illegal driving, violence with injury, violence without injury, and stalking and harassment, rose 19% to 1,229,260 reported incidents.
There were also double-digit increases in domestic violence and public order offences. Some categories of police-recorded crime fell in the past year, including drug offences, down 9% to 132,935, and non-domestic burglary.
41,159 cases of rapes were registered in the last year, 1764 cases were dismissed as non-verifiable information that indicated a rape did not take place, the crime had already been recorded or it had been recorded in error.
John Flatley of the Office for National Statistics (ONS) said: “Today’s figures suggest that the police are dealing with a growing volume of crime. While improvements made by police forces in recording crime are still a factor in the increase, we judge that there have been genuine increases in crime, particularly in some of the low-incidence but more harmful categories.
“Police figures cannot provide a good measure of all crime in society, since we know that a large volume of it never comes to their attention. The recent increases in recorded crime need to be seen in the context of the overall decline in crime indicated by the Crime Survey of England and Wales.”