Meerut/Noida: Four persons including the mastermind Akhand Pratap Singh have been arrested and sent to 14-day judicial custody in the abduction case of Alstom Manging Director Rathinn Basu, Meerut DIG K Satyanarain said on Monday.

Basu, 50, India head of French multinational engineering group Alstom SA, was kidnapped along with his driver on Friday and was rescued from Meerut on Saturday. Three of the kidnappers Sanju, Naresh and Narendra were arrested on the same day while Singh was arrested on Sunday.

Sanju, Naresh and Narendra were produced before a local court in Meerut on Saturday while Singh was produced before a Noida court.    

Noida police took the three kidnappers arrested in Meerut into their custody for further interrogation. Giving details about the modus operandi of the kidnapping, Yadav said Singh had planned to kidnap Basu as he was facing losses of over a crore in a real estate venture that he had just started.

Singh along with his driver had bought a old Wagon R to carry out the kidnapping and also conducted a recce before executing their plan. They had tried to kidnap Basu a day before his abduction on Friday but had failed, he said.

Police sources said that the kidnappers had planned to demand Rs 5 crore in ransom and to handover Basu and his driver to a professional gang to make it impossible for police to rescue them, they said.

Yadav said Singh had been an engineering student who had got into garment trade during his college days and owned a showroom in Noida's Sector 18.

"He had then bought a plot at Gurgaon as he aspired to get into construction business. Singh had planned to build houses on the plot and sell them off. His plan, however, failed and he suffered losses of over one crore," Yadav said.

(JPN/Agencies)

 

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