Employees among eight held in kidnapping of Hyderabad IT firm's boss for not paying salaries
In the incident that occurred on the intervening night of July 9 and 10, the eight arrested including a business consultant (prime accused) and software employees, were involved in intentional house trespass, wrongful restraint, abduction, confinement for extortion, intimidation, and theft, police said
prativad 
Eight persons, who allegedly assaulted and abducted the founder of an IT firm here over non-payment of salaries to employees, were arrested, police said on Sunday.
While three of the accused abducted and confined the IT company founder at a hotel on Srisailam road, the other accused stole laptops among other things from his house and he was subsequently rescued, they said.
In the incident that occurred on the intervening night of July 9 and 10, the eight arrested including a business consultant (prime accused) and software employees, were involved in intentional house trespass, wrongful restraint, abduction, confinement for extortion, intimidation, and theft, police said.
All stolen items, including 84 laptops, four cars, five phones and three passports belonging to the victim and his family, were recovered intact, a release from Hyderabad Police said.
Additionally, two cars and one motorbike belonging to the accused were seized during the investigation, it said.
The mother of the IT firm’s founder visited the Jubilee Hills Police station on July 11 and reported the series of events involving her son and his company and recounted how financial troubles had led to the non-payment of salaries to 1,200 employees recruited through consultancies, sparking anger and demands for refunds from affected staff and consultants.
:quality(85):upscale()/2024/12/20/830/n/1922564/5c67fdcd6765bdc5795da2.94470909_.jpg)
