Police detained two schoolboys in East Siberia...

The two 17-year old boys are pupils at Zakamenskaya Secondary School in Ulan-Ude, the capital of the Russian republic of Buryatia.

Earlier, police reported that a 21-year-old man was detained on the same charges. The teenagers are being questioned by authorities.

The committee believes money and competition in the passenger transportation services were primary motives for the murder of seven local businessmen.

The seven men were travelling to Irkutsk in a van, after they set out from Zakamensk, some 420 km southwest of Ulan-Ude, on January 30, and had large amounts of money with them. Four of the victims were discovered in the van, the remaining three were found in the surrounding wooded area.

Their bodies were found in a forest near a small village in the Dzerzhinsky region on Tuesday.

MOSCOW, February 4 (RIA Novosti)