Hyderabad, Feb 09 (PTI): An 86-year-old industrialist was allegedly murdered at his residence by his grandson over a property dispute. The victim sustained multiple stab wounds, police said on Sunday.

The incident occurred on the night of February 6 when the accused, K Kirti Teja (aged around 28), 'attacked' his grandfather, V C Janardhan Rao, chairman & managing director of the city-based Veljan Group, with a knife, resulting in his immediate death, they said.

The accused also stabbed his mother when she tried to intervene. She sustained injuries and was admitted to a hospital, Panjagutta police said, adding that he was subsequently arrested on Saturday.

Teja and his mother, who live in another part of the city, visited Rao's house in Somajiguda on Thursday. While she went to get coffee, an argument broke out between Teja and Rao over the distribution of his property, police said.

Teja took out a knife and 'attacked' his grandfather, accusing him of being indifferent toward him since childhood and "refusing" to distribute the property to him, police said, citing preliminary investigations.

When asked about reports that the victim was allegedly stabbed more than 70 times, police stated that there were multiple stab wounds and that the exact number would be confirmed based on the post-mortem examination (PME) report.

The accused had recently returned to Hyderabad from the US after completing his master's degree, police said.

Based on a complaint, a case of murder was registered against the accused, and he was arrested, police added. Further investigation is ongoing.

Established in 1965, Veljan has expertise in providing complete solutions for various applications, including shipbuilding, energy, mobile, and industrial segments, according to the company's website.

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Madikeri (Karnataka) (PTI): Four people were arrested for allegedly assaulting, illegally confining and attempting to extort money from a 39-year-old businessman who was lured through a honeytrap set up on social media, police said on Monday.

The accused have been identified as Rachana, Malati, Darshan and Ravi.

Police said efforts are underway to nab the remaining suspects involved in the incident, which occurred on December 12 in Madikeri, the district headquarters of Kodagu.

According to the complaint, the victim, a resident of Maddur taluk in Mandya district, was befriended by a woman identified as Rachana through Facebook, who later sought financial assistance and received Rs 5,000 from him via PhonePe on November 28.

When he asked her to return the money, the woman allegedly asked him to travel to Mysuru or Kushalnagar, promising to meet him.

The police said the woman later called the victim to Madikeri on December 12 and took him to a house near the market area, where they spent some time and consumed alcohol in the evening.

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Later that night, citing an emergency, the woman left the house. After her departure, three men allegedly broke into the house and attacked the victim, assaulting him with a stick and the handle of a sword, causing injuries to his face, mouth, chest and leg, the FIR stated.

The complainant alleged that he was forcibly confined, stripped and a nude video of him was recorded. The accused also allegedly threatened him with a toy gun, demanding Rs 50 lakh and warning that the video would be uploaded on social media if the money was not paid.

Police said the victim was held captive and somehow managed to escape in the early hours of December 13. However, after he escaped, the accused allegedly attempted to kidnap him in an autorickshaw, an incident that was captured on CCTV cameras.

Based on his complaint at the Madikeri Town police station, a case was registered under Sections 310(2) (dacoity), 127(2) (wrongful confinement), 118(1) (voluntarily causing hurt or grievous hurt by dangerous weapons or means) and 3(5) (common intention) of the Bharatiya Nyaya Sanhita, a senior police officer said.

“Four accused, including two women, have been arrested. Efforts are on to nab two more absconding accused. Further investigation is on,” he added.