Accused Pratap Singh Sisodiya, 22, a family friend of the victim's father, and his accomplice Siddharth Sharma, 24, were produced before Metropolitan Magistrate Sanjeev Kumar by the police which sought their custodial interrogation saying they needed to be questioned to unearth the conspiracy.
The court sent them to police custody till November 28.
According to the police, both the accused were arrested yesterday from Geeta Colony and Gandhi Nagar area here.
The police said Sisodiya wanted to be an actor and he had even gone to Mumbai last year where he did an acting course. He was good at changing voices, a trick he used while making calls to the deceased's parents, it said.
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The police said they had been suspecting an insider's role in the case and several people, including the former and current employees of the victim's father, were interrogated.
Two ransom calls were received--first at 7:22 PM on the Utkarsh's mother's phone and another at 8:43 PM on his father Mukesh Verma's phone on the day of the kidnapping, the police said, adding, the accused had allegedly demanded a ransom of Rs one crore from them.