After Losing Crores in Share Market, 2 MBA Students Kidnap Boy


PTI

New Delhi, Nov 24: Six persons, including two MBA students, were arrested in the national capital for allegedly kidnapping a teenaged boy and demanding a ransom of Rs 80 lakh for meeting the losses they incurred in the share market.

The 15-year-old boy, a student of Gyan Bharti school, was kidnapped last week from Saket in south Delhi while he was going to school and was rescued on Sunday, a senior police official said.

Rohit Chopra (24) and Piyush Jain (24), the MBA students, and Bharat Jham (21), the cousin of the victim, allegedly hired three criminals and kidnapped the boy, the official said.

Chopra and Jain had incurred huge losses in the share market and they conspired with Jham, who has some issues with the victim's family, to kidnap the boy and make up for the loses with the ransom money, the official said.

After kidnapping the boy, they allegedly rang up the family and demanded a ransom of Rs80 lakh.

Later, the family got in touch with police, who rescued the boy from the clutches of the kidnappers, the official said.

The three, who were hired for the kidnapping, identified as Dileep Rathore (24), Praveen Kashyap (27) and Ramesh (30), were also arrested.

A case has been registered against them. 

  

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Title: After Losing Crores in Share Market, 2 MBA Students Kidnap Boy



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