Hi all, its been a long time since my last post. I hope you guys don't mind to help me elevate my little knowledge about this bug.
Its quite rare (as claimed by the locals) and it's used in traditional medication.





Thanks in advance.

It's some type of blister beetle (Meloidae). They are often used in traditional medicines, many of which are actually dangerous. The larvae tend to have strange food requirements, like grasshopper eggs or bee larvae.

Thanks Ralph, your quick ID led me to a lot of useful info.
In what sense does they become dangerous?

The chemical defense of some species cause massive blisters which could be rather dangerous if ingested.