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Abducted executive released unharmed
07.26.2006

From Omer Farooq (Our correspondent)

26 July 2007



HYDERABAD — A senior executive of the leading IT company Satyam Computers Vedula Satyanarayana, who was abducted from ransom on Tuesday from Hyderabad was let off by the kidnappers in a remote rural area of Warangal district but no money was exchanged between the criminals and the family, the Hyderabad city police commissioner Balwinder Singh said.


Two persons including the driver of the victim were arrested while the police was still looking for eight more persons involved in the incident.

The commissioner said that a gang led by Katti Venkanna was involved in the crime in which the driver of the family played a key role. “The kidnappers had demanded a ransom of Rs4 million but they let him off when the police pressure mounted on them. No money was paid to the abductors,” he said.

Those arrested include the driver V. Mohan and K. Daved, the owner of the house where the hostage was kept for a few hours.

Satyanarayana, a general manager in the finance department of Satyam computers said that the abductors let him off around 3am yesterday near a railway line and made him board a train bound for Secunderabad. “As I was very much tired and dazed, I don’t remember where exactly I was released,” Satyanarayana told the media.

Even as the IT companies and professionals in Hyderabad were expressing apprehensions and concern that the incident might be an indicator of growing threat to them, the commissioner asserted that the incident had nothing to do with the IT or software companies.

“Apparently Satyanrayana was targeted because he was constructing a building and he was selling some parts of it. The driver hoping to get some money from him enlisted the help of a criminal gang,” he said. “It is not as if criminals have profiled the IT software professionals for abduction. There has been no incident of kidnapping in the city for a long time to get worried about it,” he said.

The 40-year-old Satyanarayana was kidnapped on Tuesday morning when had gone to drop his kids in a school in Secunderabad. After he had gone missing from the school, the driver had informed Satyanarayana’s wife Kiranmayee about his disappearance and it took a long time before it was ascertained that he was in fact kidnapped for ransom. The driver had stayed back after the incident and remained a silent spectator all through the police inquiries.

Satyanarayana narrating his tale of woes said that while he came out of the school to board his car with the driver at the wheel, some people pushed him into a waiting vehicle and blindfolded him.

After four-or five-hour long drive he was kept in a home again blindfolded. After the police searches intensified, they moved him from that house on foot to some other place and in the wee hours of yesterday he was released without causing any harm.



Original Article May Be Viewed: Here.
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