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Student failure in hostage hold-up

A UNIVERSITY student in Beijing took a woman hostage at knifepoint in a bank and snatched 100,000 yuan (US$14,706) after he had failed to graduate.

He hid the money in a cluster of trees near his university but police caught him just five hours later, Shanghai Evening Post reported today.

Li Li was a student at the University of Science & Technology Beijing (USTB). He enrolled at the university in 2003 but regularly failed his examinations.

Li said he was upset at spending his parents' money and was broke before he committed the crime, which he had planned for a month.

On Sunday noon, he ran into a branch of Bank of China in the USTB, took out a knife and grabbed a woman customer.

He demanded money and attacked a man who tried to help the woman.
The bank called the police but handed over the money to him worried that he would hurt the woman and also worried that he might be carrying gasoline.

Li fled quickly and the one security guard with the bank could not catch him.

The woman suffered small cuts to the neck and her wrist.

"The student was also scared - his hands were shaking," the security guard said.

Police and university security guards arrived quickly and identified Li from security videos. One guard said Li had visited the bank several times but had never withdrawn money.

The report said Li hid the money and changed his clothes after leaving the bank. He bought some goods in a supermarket and planned to flee with the money that night.

According to the university, Li cheated in an exam in January last year.


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