A teen who allegedly held the family of a businessman in Nagpur hostage with a toy gun on Friday was arrested in a dramatic manner as a wad of currency notes totalling Rs 5 lakh were thrown at him from a window of the house to keep him distracted while police moved in to nab him, officials said.

Jitendra Tulsiram Bisen had barged into the house of Raju Vaidya, a builder, in Pipala area here at 2 pm, and held the latter's family hostage at gunpoint, a Hudkeshwar police station official said.