Archive · 13 Nov 2025
Three Arrested for Kidnapping and Assaulting Businessman in Srikakulam
A man who rents out a building had a disagreement with another man about money.
The man who rented the building, along with some friends, apparently grabbed the owner and put him in a car.
They drove him away, hit him, and threatened to hurt him badly.
Then, they left him in a remote area.
The police are investigating this case and have arrested three people involved.
They are still looking for four others who they believe were part of the plan.
The argument seems to be about money owed for the building lease.
Three individuals were arrested in Srikakulam district for kidnapping and assaulting a businessman.
The arrests were made at Palasa Bus Stand Junction.
The victim, Vaishyaraju Lakshminarayana Raju, was forcibly taken in a car, assaulted, and threatened.
The dispute is reportedly linked to a financial disagreement over a building lease agreement and a subsequent payment.
Police are searching for four other accused individuals who are currently absconding.
- Who
- Kasibugga police arrested Potnur Venu Gopala Rao (A-1), Tatarau (A-3), and Jeevan Kumar (A-4). Vaishyaraju Lakshminarayana Raju is the victim.
- What
- A businessman was kidnapped and assaulted by three individuals over a financial dispute related to a building lease agreement. He was forcibly put into a car, attacked, threatened, and abandoned in a lonely place.
- When
- The incident occurred on November 6. The arrests were made at Palasa Bus Stand Junction.
- Where
- The kidnapping took place near a supermarket in Palasa. The victim was abandoned in a lonely place. The arrests were made in Srikakulam district.
- Why
- The dispute arose from a financial transaction involving a building lease. The victim allegedly failed to repay an outstanding amount after receiving a significant payment from the accused, leading to the alleged conspiracy for kidnapping and intimidation.
Victim's Allegations
Accused's Actions
Financial Dispute
Victim's Allegations
The businessman claims the kidnapping and assault stemmed from a financial dispute related to a building lease agreement where he leased a property for ₹65 lakh.
Accused's Actions
The accused, Potnur Venu Gopala Rao, claims the victim failed to repay an outstanding amount after receiving ₹1.1 crore to prevent the bank from seizing the building he had leased. Rao then allegedly conspired with others to kidnap and intimidate the victim.
- Location of Arrest
- Palasa Bus Stand Junction, Srikakulam District
- Date of Incident
- November 6
- Victim
- Vaishyaraju Lakshminarayana Raju
- Accused Arrested
- Potnur Venu Gopala Rao, Tatarau, Jeevan Kumar
- Accused Absconding
- Boddepalli Srinivasa Rao, Ramesh, Ganesh, Car driver (A-7)
- Financial Transaction
- Building lease for ₹65 lakh; Payment of ₹1.1 crore by accused to victim