A 35-year-old woman was allegedly abducted in the city after her husband failed to repay a loan.
Police rescued her and arrested Srinivas, a private money-lender, and two others on the charge of kidnapping, outraging woman's modesty and other relevant offences under the IPC.
Srinivas had lent Rs 4 lakh to the woman's husband who works as a watchman one and a half years ago.
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"Last night Srinivas and two others went to the watchman's house and after asking where he is, they dragged his wife to a car and abducted her," inspector A P Anand Kumar of Amberpet police station said.
After the woman's son lodged a complaint, police formed three teams to search for her. The woman was rescued while being taken to Nizamabad and Srinivas and two others were arrested.
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