Mukesh Singhal, who runs a paper producing factory, allegedly raped the 17-year-old first year student of a Delhi University college on Wednesday evening, a senior police official said.
Singhal stopped his car and asked her for an address. When she responded, he allegedly pulled her inside the car and took her to an isolated place where he raped her, the official said.
The businessman, who resides in Ashok Vihar in north Delhi, later dumped her in front of her college.
The victim then rushed to the police station and filed a complaint. Police personnel took her to a hospital for medical examination, which confirmed sexual assault.
Following the medical report, Singhal was arrested and a case of abduction and rape registered against him.