Hyderabad, Sep 24 (IANS): A youth who was kidnapped for ransom here was found murdered, police said on Thursday.

The body of Rakesh Reddy, 28, was found in a building in Jawaharnagar near ECIL on the outskirts of the capital in the early hours of Thursday.

The man was kidnapped on Wednesday when he was on his way from his house in Nagaram to Shameerpet to attend a function.

His father received a text message stating that they had been trying to kidnap his daughter for a month but got his son. The kidnappers later sent another text message demanding a ransom of Rs.8 lakh by 9 p.m.

Rakesh Reddy's father Bal Reddy replied saying he could not afford the huge amount. He later informed police about the abduction and the messages he received on his mobile.

The youth had recently completed B Tech. Bal Reddy is a retired employee of Singareni Collieries and hails from Karimnagar district of Telangana.

Mystery shrouds the circumstances in which the body was found. It was Rakesh's brother-in-law who traced the body and alerted police.

Police are trying to find out if the kidnappers were relatives or friends of the victim. Rakesh's friend was reportedly staying in the building where the body was found in a pool of blood.