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Abductors take Rs 1.3 Cr ransom in bitcoins from UP bizman

LUCKNOW:In a first-of-its-kind crime reported within the state capital, three individuals, who had held a real-estate businessman captive, used cryptocurrency to take a ransom of Rs 1.3 crore in bitcoins earlier than releasing him.

The matter got here to mild per week after the police arrested the three individuals — Sandeep Pratap Singh, Vijay Pratap Singh and Rajveer Singh.

Police mentioned that the arrested accused had been conscious that the sufferer traded in cryptocurrency.

Police have recovered Rs 30,000 in money, a country-made pistol, three stay cartridges, 5 cellphones and a automobile from them.

In line with police, the three kidnapped Arjun Bhargava of Indraprasth Grand close to Kalindi Park in Vrindavan Yojana, on the pretext of exhibiting him a plot in Barabanki on August 7.

They held him hostage at a home the place they thrashed him, skilled a pistol on him, and bought Rs 1.3 crore in bitcoins transferred to their account.

DCP (East Zone) Prachi Singh mentioned the abductors, who pretended to be actual property sellers, met Bhargava and took him to Barabanki.

“On the way, they tied his hands and legs and took him to a house in Barabanki where they tortured him for three hours,” mentioned Singh.

The officer mentioned the sufferer’s spouse, Nidhi Bhargava, mentioned within the FIR that abductors held him at gun level and compelled him to reveal the password after which bought all of the bitcoins transferred to his account.

“Additionally they compelled my husband to switch the cash into their checking account and opened fireplace when he resisted it.

Fortunately, he was not damage. They then introduced him again to Lucknow and dumped him on the roadside,” she mentioned.

DCP Singh mentioned that police had been tipped off by an informer in regards to the miscreants who had kidnapped the businessman per week in the past in a automobile bearing the plate of excessive courtroom.

“We laid a trap and, on Tuesday, when they visited the Kalindi Park locality probably to collect more money from the businessman, we arrested them,” the police official mentioned.

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