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Jagadheesh reddy home gaurd working in the CID in Hyderabad and a journalist by name Jameel who worked earlier in a Telugu news channel allegedly carried out the abduction.
The gang came to Srinivasa Rao and exorted Rs13,000 on 31st May, saying that Srinivasa rao involved in a crime.
Later the gang raided his house and took Rs 10,000 from him. There was also a third man yet to be identified, they took the merchanta Srinivasa Rao and kept him in a isolated house demanded him two lakhs. However Srinivasa Rao escaped from the house and reported the matter to the police, Jubli hills.