The matter came to light a week after the police arrested the three persons -- Sandeep Pratap Singh,
Police said that the arrested accused were aware that the victim traded in cryptocurrency.
Police have recovered Rs 30,000 in cash, a country-made pistol, three live cartridges, five mobile phones and a car from them.
According to police, the three abducted Arjun
They held him hostage at a house where they thrashed him, trained a pistol on him, and got Rs 1.3 crore in bitcoins transferred to their account.
DCP (East Zone)
"On the way, they tied his hands and legs and took him to a house in Barabanki where they tortured him for three hours," said Singh.
The officer said the victim's wife,
"They also forced my husband to transfer the money into their bank account and opened fire when he resisted it.
Luckily, he was not hurt. They then brought him back to Lucknow and dumped him on the roadside," she said.
DCP Singh said that police were tipped off by an informer about the miscreants who had abducted the businessman a week ago in a car bearing the plate of high court.
"We laid a trap and, on Tuesday, when they visited the Kalindi Park locality probably to collect more money from the businessman, we arrested them," the police official said.
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