BEIJING: Police in Beijing have detained a man for allegedly spreading a rumour online that a person jumped to their death in the city’s financial district due to China’s precarious stock markets, police said on Sunday underscoring growing jitters amid a three-week long sell-off.

The 29-year-old man detained was identified by the surname Tian, and is a manager at a technology and science company in Beijing, police said in a post on their official microblog.

Police said Tian’s alleged posting of the rumour took place on Friday.

The state-run Xinhua news agency reported that Tian allegedly posted the rumours with video clips and screenshots on Friday afternoon.

Xinhua added that a police investigation showed that the video in question had been shot on Friday morning in the eastern Chinese province of Jiangsu where a man had jumped to his death.