STOCK MARKET BSE NSE

Police Claim Auto Driver Kidnapped Financier

Published: 14th August 2014 06:00 AM  |   Last Updated: 14th August 2014 08:38 AM   |  A+A-

VISAKHAPATNAM: The city police cracked the mysterious kidnap case of financer M Jagganadh Rao (62), who was found in a semi-conscious condition on the Beach Road late Tuesday night, and deduced that an auto driver and two others were guilty.

One-Town inspector of police Syed Mohammed Eliyas said that Jagganadh Rao had left his home in One-Town at 10 am Monday. He was carrying `12,000 to collect some dues from his clients and took a share-auto-rickshaw at Town Kotharoad. However, his family members received a phone call in the evening from Jagganadh’s mobile stating that the financer was kidnapped and he would be set free only if they hand over `10 lakh to the kidnapper. The worried family members lodged a complaint with the police Monday night.

On Tuesday night, Jagannadh was found by the cops lying in a semi-conscious state on the Beach Road. Based on his cell phone data record, they found that Jagganadh was kidnapped by the auto-rickshaw driver and two others travelling by the vehicle, soon after he boarded it. The trio robbed him of `12,000 and tried to extract more money from his family members. But then, they set him free on the Beach Road and fled the scene. 

The police registered a case and took up investigation. They are also trying to identify the culprits.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp