India, July 4 -- Two people were arrested on Thursday for allegedly extorting gold jewellery worth Rs.8 lakhs from a 14-year-old boy in Modinagar on the pretext of getting him an iPhone, said officers, adding that one more suspect and a jeweller are on the run.

Following a police complaint filed by the boy's family at the Modinagar police station, a first information report was registered under the Bharatiya Nyaya Sanhita sections 308 (5) (extortion) and 351 (3) (criminal intimidation) against the suspects on Wednesday.

Police identified the two arrested suspects as Shailesh Kumar, 26, a bouncer, and Divyam Kumar, 18, a BCA student and the two absconding suspects as Arnab Kumar, and Abhishek, the jeweller, said officers.

Police said th...