Meerut: The leading sports goods manufacturer and exporter from Meerut in Uttar Pradesh, who was abducted late on Tuesday while he was headed home, has been rescued on Wednesday.
According to police, 55-year-old Sudhir Mahajan, the managing director of leading cricket bats and sports gear makers BDM and Sons Private Limited, was found tied to a tree in Khatauli town of Muzaffarnagar district.
Earlier, the abductors had demanded Rs.2 crore from the businessman’s family, Deputy Inspector General of Police Zaki Ahmad said.
He added that teams were formed to nab the kidnappers.
Mr Mahajan was abducted when he was headed to his Defence Colony residence at the Mawana road in Meerut, about 60 kms from the national capital. He left his factory at the Sports Goods Complex on Delhi road in his car around 8.30 pm.
According to police, the manufacturer of BDM cricket kit had stopped briefly to buy some paint boxes from the market.
Around 10.30 pm, the driver stopped the car around 300 metres before Defence Colony to check some noise in the boot space where the paint boxes were kept.
However, when he was heading back to his seat, three kidnappers pounced on him from a nearby bush and forced themselves into the car and held the driver and the businessman at gunpoint, police said.
Around 11.30 pm, Mr Mahajan’s son Siddharth received a text message and a phone call in which the kidnappers demanded Rs.2 crore for releasing his father. The second ransom call was received on Wednesday morning, he said.
Police had found the businessman’s car abandoned around 30 km away at Pilana on Mawana road in the Phalawda area on Wednesday morning.