The high drama took place this evening near Sillod town after three men abducted the minor boy from Shivna village and escaped in a car, police said.
The speeding car hit a bike on which two persons were travelling, badly injuring them. The biker later died in a hospital in Buldhana, while the pillion rider is unconscious, police said, the deceased is yet to be identified.
A mob chased the car, pulled out its three occupants and bashed them before setting the vehicle on fire. The angry crowd also torched three other vehicles parked nearby, they said.
Before being caught the trio transferred the boy to another car, but police moved swiftly and rescued him.
Further investigation is on and efforts are being made to arrest the trio's aides, police added.