Four special teams of the city police have rushed to Andhra Pradesh to track down a teenager kidnapped on Monday.

The boy was nabbed outside his school by three unidentified persons. Police said the suspects were men whom the boy’s father owed large sums of money.

The victim, Jacob Sudeer (14), a class IX student and a resident of Railway Colony in Ayanavaram, was bundled into a car around 9 a.m. on Monday by three men while he was walking to his school in Ayanavaram, ICF police said. Sudeer’s abductors called his parents later and demanded that his father Suresh Babu, return the money he had allegedly cheated them of, in a financial scheme.

In December 2011, Babu and two of his business partners were arrested on charges of cheating over 100 persons by promising them higher interests on their money deposited with the trio’s finance firm.

The three were later released on bail. Sudeer’s kidnappers are suspected to be three men who lost money after depositing it in Suresh Babu’s firm.

The three suspects, whose names are being withheld by police, had repeatedly threatened Babu, asking for their money. When he didn’t pay up, they decided to kidnap the boy. On Friday, they had gone to his school in order to determine his schedule, police added.

One of the men is suspected to be from Chennai, while the other two are thought to hail from Andhra Pradesh. Police suspect the men have taken Sudeer to Nellore, after they tracked phone calls that the family received from the kidnappers.

Several senior police officers have gone to AP along with the teams in an attempt to find the men.

“Our special teams are thoroughly probing the kidnapping and have gone out of the State to a few locations after receiving specific clues. We are confident we will be able to rescue the boy very soon and apprehend the suspects,” said K. Bhavaneeswari, deputy commissioner of police, Kilpauk.

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