why did the kidnappers make the decision to lower their ransom
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Because they didn't want to keep the boy back with them. First, they took the boy thinking that his father will give money to get his son back. But when he said that he didn't want his son back as he was torturing everyone, the kidnappers got worried that they would have to face the same by the boy. So, the kidnappers decided to somehow give the boy back and hence, they came to the decision to lower their ransom.
I hope this was helpful.
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