The Pimpri Chinchwad in Maharashtra have arrested five men for allegedly kidnapping a Pune businessman and demanding a ransom of Rs 50 lakh, officials said on Tuesday, reported the PTI.

According to the police, the accused, all residents of Uttar Pradesh, had abducted the businessman from the Rahatani area on Monday and escaped in a SUV. After the kidnapping, the victim’s family informed the police, who quickly formed multiple teams to trace the suspects.