Gurgaon, Sep 11 - In a dramatic rescue, police from Haryana's Gurgaon, Rohtak and Jhajjar districts were able to free two students within hours of their kidnapping from this city, police said Friday.

The kidnappers, two of whom have been arrested by the Gurgaon police, had demanded a ransom of Rs.50 million (Rs.5 crore) from the family of the two to release them, Gurgaon police officials said here.

The boys, who are brothers aged 12 and 13 years and sons of a businessman father and a working mother, were kidnapped Thursday morning from Sector 14 here when their family driver went to drop them at their school-bus stop in the family's Toyota Innova car.

The four kidnappers, aged between 20-25 years, knew about the family and its luxurious lifestyle and hatched a conspiracy to kidnap the brothers. They hijacked the car and drove the boys to Kanhaili village in Rohtak district, where the two brothers were kept in a house.

A Haryana police spokesman said the police swung into action after being informed of the kidnapping and were able to know their location late Thursday evening.