The youth, identified as Karn, was a factory worker and lived with his family in Nand Nagri. He was allegedly strangled to death, police said.
A case of murder has been registered at Nand Nagri police station, a senior official said.
Yadav left his home around 4 PM after taking his lunch and told his wife that he was going to meet his friends. The body was discovered by a few boys who usually go to the school ground to play in the evenings, said the official.
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