MAHENDRANAGAR: Body of abducted Bishal Jain, owner of Baijanath Kathha Udhyog in Kanchanpur's Suda VDC, was found on Wednesday.

Locals informed the police after they had found the Indian national's body in a Daiji VDC forest, which was brought to Kanchanpur by a team led by Inspector Karna Bahadur Chand on Wednesday.

The 32-year-old businessman was abducted on May 16 from a place near his factory on his way to his rented residence in Mahendranagar. According to the family sources, the abductors had also taken Jain's motorcycle. He had been in the far-western town for four months.

According to family sources, a bargain in the ransom had taken place with the kidnappers till Tuesday. Police, reporting bullet shots in the body, said Jain was murdered two days ago.Jain's family had informed the police about the abduction but had asked mediapersons not to make the event public for security reasons.

A permanent resident of Agra in India's Uttar Pradesh, Jain had been running the factory in the name of Ganga Dutta Joshi. Earlier, his relative Rajesh Jain had run it employing 60 workers.