In a shocking incident, an eight-year-old boy was kidnapped from Ujire area of Dakshina Kannada and the abductors allegedly demanded ransom in Bitcoin.

‘The main accused could be a former business partner of the child’s father’, the police official added.

“It is suspected that he was under the assumption that the child’s father has Bitcoins. Since the price of Bitcoin has gone up, the accused demanded the ransom in Bitcoins,” he added.

“The child was kidnapped when he had gone for a walk with his grandfather on December 17. A case was registered,” said Dakshina Kannada Superintendent of Police (SP), BM Laxmiprasad.
“The father of the child is a local businessman and his grandfather is a retired serviceman. The child was rescued from Kolar district on December 19 and six accused were arrested. The main accused is on run,” he added.

The arrested have been identified as Ranjith (20) and Hanumanthu (21), both residents of Mandya; Gangadhar (25), a resident of Mysore; Kamal (22), a resident of Electronic City who works as mechanic in Bengaluru; and Manjunath (24) and Mahesh (26), both from Kolar. Ranjith, Hanumanthu, Gangadhar and Kamal were the abductors while Manjunath and Mahesh helped the abductors in Kolar.

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