Dhaka, Oct. 30 -- Police in India's Mumbai have rescued 17 children from a hostage situation at a local studio, where a man was killed in an exchange of gunfire during a rescue operation.

According to a report by NDTV, the incident occurred on Thursday in Powai, a neighbourhood in Mumbai, when the suspect, identified as Rohit Arya, fired at police officers with an air gun.

Police returned fire, hitting him on the right side of his chest. Arya later died while undergoing treatment at hospital.

The report read that Arya, 38, had called a group of children to the studio under the pretext of auditions for a web series. He then locked them inside and held them hostage for nearly two hours.

The children were aged between 8 and 14 years.

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