55-year-old Sudhir Mahajan, the director of BDM company, was rescued from the jungles in Sanauta area under Phalawada police station, SSP K Satyanarayan told PTI.
"Two abductors were arrested and they were being interrogated in the matter," he said.
Mahajan, was kidnapped last night when he was returning to his residence in his car from his factory located on Delhi road.
The car driven by his driver Ravinder was stopped by the armed abductors near the Ganganagar police post and Mahajan along with his driver was kidnapped, police said.
Shortly afterwards, the kidnappers made a ransom call from Mahajan's mobile to the family demanding Rs 2 crore.
Mahajan's car was found abandoned in Mawana area.
Meerut: The director of a cricket bat manufacturing firm, allegedly kidnapped from here, was safely rescued and two persons were arrested in this connection on Wednesday, police said.
First Published: Wednesday, October 10, 2012, 11:40