Police said Naveen Garg, a resident of Krishna Vihar, was going to his friend's house for preparing for Class X exams around 8.30 AM when the accident took place.
The accident took place near a police picket in Maharaja Agrasen Chowk.
The driver of the minibus fled from the spot leaving behind the vehicle.
The teenager was rushed to a hospital where he was declared brought dead.
The bus has been seized and efforts were on to nab its driver, police said.
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