@AshishNimkar - The location is in Italy, I think both your suggestion and my species are native to north america only. It does look similar though, again, maybe in the same family.
This look a whole lot like the Palo Verde Borer beetle I saw the other night (http://www.projectnoah.org/spottings/6665653) but I think they are only in North America. Maybe it's of the same genus or family though. Here's the wikipedia for the species: http://en.wikipedia.org/wiki/Palo_Verde_Borer_Beetle
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