A man who allegedly placed a bag over the head of a 12-year-old boy before bundling him into a car during a kidnapping on the Gold Coast is being hunted by Queensland police.
The alleged involvement of the man was revealed in a Gold Coast court on Tuesday during a bail hearing for another man accused of taking part in the abduction.
Zheng Jie Zhang, 53, was denied bail at the Southport Magistrates Court and remanded in custody after being charged with six offences including kidnapping for ransom.
The court heard the boy had told NSW detectives he'd been on his way to his Mudgeeraba home from school on Friday afternoon when the mystery man grabbed him.
A bag was placed over the boy's head before the man bundled him into a black SUV, which was allegedly being driven by Zhang, whom the boy already knew.
Police claim the abduction was an attempt to secure a ransom after the alleged kidnappers fell out with the boy's family over "substantial" personal loans.
Zhang was arrested on Saturday in the northern NSW town of Griffith less than 24 hours after the attempted abduction following a tip-off by the public.
It's alleged he was in the same car when police arrested him and the boy was found bound and gagged in the back seat.
The boy has since been reunited with his family and is recovering from minor injuries at the family's Gold Coast home.
Detective Inspector Marc Hogan described the suspect at large as a thin, young Asian man.
Constable Pepsi Li also delivered a police appeal for information in Chinese in an attempt to connect with southeast Queensland's Chinese community.
Magistrate Joan White refused Zhang's bail application, deeming the Chinese-born Australian citizen to be a flight risk.