Abhijeet (19) reportedly confessed to the murder of one Bhairav Dutt Pandey of Sigaddi area here, for a meager Rs 60,000, so that he could finance his degree, they said.
The victim's body was recovered with multiple stab wounds from a road side at Hardwar Kotdwara Forest road near Chillarkhal on August 30, they said.
According to police, one Atul, who was living as a paying guest in the deceased's house, had developed an illicit relation with Pandey's wife.
Atul then hired Abhijeet and one Meghraj to kill Pandey, they said.
Abhijeet revealed in police custody that he had passed Intermediate exams and wanted to get admission in BSc (IT), but his family condition did not allow him. He then decided to take contract for killing Pandey, they said.