Raising the issue during the Zero Hour, the senior Congress leader said one Adarsh Sharma of Purvanchal Sena had put up posters announcing reward of Rs 11 lakh for anyone who kills Kanhiaya Kumar.
Azad also said Kuldeep Varshnay, a BJP Yuva Morcha leader, had also announced a reward of Rs 5 lakh for cutting off Kumar's tongue.
He said first fake videos were circulated against the student leader and then he was booked under charges of sedation.
"When he is out on bail, there is conspiracy to kill him," the Congress leader said.
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He also sought strict action against those who made fake videos related to Kanhaiya Kumar.
Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi said adequate security will be given to Kanhaiya Kumar.
He also said BJP took immediate action Varshnay and legal action too would be taken.
Regarding the alleged fake videos, Naqvi said investigation was on.