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Bhubaneswar: The chairman of leading construction company ARSS Infra Project Ltd, Subash Agarwal, who was reportedly abducted by miscreants at 11 pm Friday from a guest house, was rescued from Vishakhapatanam in Andhra Pradesh today, police said.
"Till now we have arrested seven persons including three from Andhra. We have started the process to bring them back on transit remand," said Nitinjeet Singh, DCP.
Police also rescued the businessman's brother, who was also taken away by miscreants with him, near Anandpuram under Pendapurti Police station in Vishakhapatanam.
According to sources, Agarwal, who stayed at company guest house near Kolathia last night, was forcibly taken away by some miscreants in his own car. The miscreants, to avoid public notice, tampered the registration number plate of the vehicle, sources said. Later, they shifted Agarwal to another car near Angapada in Khurdha leaving the chairman's vehicle on the road and disappeared.
Khandagiri police had launched a manhunt to trace the whereabouts of the missing businessman after registering a case in this regard. The police primarily had detained four persons and interrogated them. However, the investigating officers, who suspected it as a case of abduction, denied to disclose further information keeping in view the sensitivity of the case.
During preliminary investigation, police seized the vehicle and some bikes from the guest house after family members lodged complaint over the matter. Highly placed sources said that it could be due to payment dispute with a sub-contractor.
Notably, the construction company had a turnover of Rs Rs. 1,013.09 Crore for the year ended 31st March 2010.
