The accused, identified as Azim Khan, 31, and Kamran Khan, were arrested.
Immediately, police swung into action and several teams were constituted. A massive search was initiated in the suspected hideouts on the base of technical surveillance and both the kidnapped persons -- natives of Mumbai and Odisha-- were rescued.
During interrogation, the accused disclosed that they met one of the victims at a restaurant at Daryaganj and introduced themselves as businessmen wanting to invest money.
The victims got influenced and contacted the accused for a loan of Rs 200 crore, the official said.
On November 4, the accused confined them at an unknown location and extorted Rs 26 lakh from them.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)