Sat Nov 30 16:48:17 UTC 2024: **Vellore Police Arrest Four for Kidnapping Namakkal Merchant**

**Vellore, Tamil Nadu – November 30, 2024** – Four men have been arrested in Vellore for the abduction of a Namakkal-based chicken merchant, police announced late Saturday. The suspects, identified as K. Sanjeev (28), V. Edwin (34), C. Sampath (42), and G. Vignesh (29), allegedly kidnapped S. Kumaravel (42) after he failed to return ₹50 lakh (approximately $60,000 USD) invested in bitcoins.

Kumaravel had solicited investments in bitcoins from several colleagues in the chicken business, promising high returns. Sanjeev, a businessman from Kalpakkam, was among those who invested, handing over a significant sum to Kumaravel several months ago. When Kumaravel failed to repay the investment, Sanjeev and his accomplices tracked him to Vellore and carried out the abduction.

Police located Kumaravel during a routine vehicle check near Katpadi, rescuing him along with the suspects. All four suspects were arrested and charged with kidnapping, and are currently being held at the Central Prison in Vellore. An investigation is underway.

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