BENGALURU: Police freed a 45-year-old finance company employee from his kidnappers on Thursday.
The kidnappers had demanded a ransom of Rs.40 lakh for the release of K N Narayanappa, who works as a pigmy deposit collector.
Ramesh Gowda, a phone mechanic and resident of Vidyanagar; Rangaswamy, an auto driver from Nelamangala; and Krishnappa from Kudur are in police custody, while the prime accused, Yogesh, is absconding.
On Monday, N Lakshamma had filed a complaint stating her husband Narayanappa, who works for Merchant Finance Company, had been kidnapped.
The kidnappers had called his friend Nanjunde Gowda and demanded Rs.40 lakh, threatening to kill him if the ransom was not paid.
Peenya police started to monitor phone calls and found the kidnappers moving from one place to another. After tracking them at four locations, the police zeroed in on Antharasanahalli near Nelamangala.
A police team raided a construction site and rescued Narayanappa from a shed, where he had been locked up. The nabbed men told the police about the role of Yogesh, who had learnt that Narayanppa owned a house and a site in Bengaluru.
On Sunday, Yogesh had approached Narayannapa saying he wanted to invest in his finance company. He called Narayanappa to an isolated place, from where the gang allegedly kidnapped him in an auto.