Six Arrested For Kidnapping Hyderabad Businessman 

Image for representation - Sakshi Post

HYDERABAD: Six people have been arrested from Bengaluru for allegedly abducting a businessman based in Hyderabad to recover their chit invested amount.

Police said that the accused were caught within 24 hours of the crime, Rachakonda Police Commissioner Mahesh M Bhagwat said in a release.

The 50-year-old businessman earlier resided in Bengaluru and used to run chit fund business and did not repay the amount of Rs 5 lakh invested by two friends of the arrested men even after completion of the chit period.

The six men then hatched a plan to kidnap him for recovery of the amount and abducted him on December 15 afternoon. The kidnappers later took him to Bengaluru in a car and lodged him in a lodge.

Based on a complaint from the businessman's wife, a police team identified the six men and nabbed all of them from Bengaluru by 2 pm on December 16.

The businessman was rescued and the accused were brought to Hyderabad.

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