Anand (27), Vichitar Vir (30), Vikrant Shokeen (30) and Vinod Kumar (32), all residents of Delhi, were arrested on Friday for their alleged roles in planning and executing the abduction, Joint Commissioner of Police (Crime Branch) Ravindra Yadav.
The youth was released by the abductors last week after a settlement was reached and a ransom of Rs 1 crore was paid.
He kidnapped on the morning of September 27 while going to college in his BMW car. Two men on a motorcycle, wearing police uniform, stopped him near Subhash Place here, he said.
"One Scorpio car which was also following the youth's car, also stopped there. Occupants of the car and the motorcyclists took him in the Scorpio car and fled from the spot along with the BMW. A case was registered at Subhash Nagar Police Station on the complaint of an eye witness," he said.
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The youth's father then received a ransom call of Rs 50 crore and the caller asked him to arrange the money for the safe release of his son, he added.
On October 7, police received information about the accused. A trap was laid and the abductors were arrested.
During their interrogation, it was revelead that most of them were invloved in property dealing and toll business and had planned the kidnapping a businessman with sound financial standings to become rich overnight, he said.
The accused executed the abduction after monitoring the the youth's daily activities for a few days. All the four accused have previous criminal cases against them also, he added.
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