Hyderabad: Eight individuals associated with various job consultancies were arrested by the Jubilee Hills police on Sunday for kidnapping a businessman and stealing property from his residence. The suspects were angered over non-payment for their services.

Key Details:

• Arrested Individuals: K Gowatham (26), K Jagadeesh (34), K Siva Shankar Reddy (24), S Sujith Kumar (24), Kamal Teja (27), Shaik Azad (24), K Mukesh (33), and Rakesh alias Praveen (24).
• Victims: Vakati Madhavi, her son Ravichandra Reddy, and their company Gigieaz Private Limited.
• Stolen Property: The stolen items included 84 laptops, 4 cars, 5 phones, and 3 passports.

Incident Description:

• Kidnapping: Azad, Mukesh, and Jagadeesh kidnapped Ravichandra Reddy and confined him in a hotel on Srisailam Road, demanding a settlement of financial issues.
• Robbery: The other suspects entered Ravichandra’s house in Jubilee Hills and took away the property.

Motive:

• Financial Dispute: There were financial issues between Jagadeesh and Ravichandra. Jagadeesh had provided personnel to Ravichandra’s company Gigieaz Private Limited, but Ravichandra allegedly failed to make the payment, leading to a dispute and subsequent criminal actions.

Police Statement:

• ACP Jubilee Hills, K Hari Prasad, stated that the financial disputes between Jagadeesh and Ravichandra were the root cause of the incident.

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