The abduction of Greek businessman, Manolis Karamolegos ended after he was released unharmed earlier today. According to Greek news, the kidnappers hideout was located by the Greek National Intelligence Service (NIS) who traced phone calls made in the area near Keratea, Greece.
Police officers were able to track down one of the three kidnappers who made the mistake of using a phone. Two of the three kidnappers were in a taxi while they negotiated with the Karamolegos family. Police officers were able to locate the signal and set roadblocks in the region of Keratea.
One of the three abductors gave himself up when it was realized that the police were closing in. The 37-year-old’s decision was also based on advice by Mr. Karamolegos, that doing so would avoid an even worse outcome.
The businessman was freed with the help of the Greek Special Anti-Terrorist Unit. The kidnapper who surrendered to the police was carrying a grenade and a Makarov pistol. The police also arrested the second kidnapper and are hot on the trail of the third. Manolis Karamolegos is in good health and is currently making a statement at the Keratea police station.
Here are some key aspects of the abduction of Manolis Karamolegos:
The abduction M.O. showed similarities with the recent attempted kidnap of ship-owner Marinos Kikos, last December in the area of Voula in Athens.
Late Tuesday night as Karamolegos was returning to his home in the northern suburbs of Athens, he was ambushed by assailants in two cars in the area of Gerakas.
The kidnappers allegedly warned his family against releasing information to the press.
Manolis Karamolegos is the heir to a company of the same name. He inherited the business from his father who started as a baker on the Greek island of Santorini. Karamolegos is one of Greece’s largest baking companies.