Lawrence Michael Handley has been indicted in the Aug. 6 kidnapping of his estranged wife in a bizarre case that ended in the drowning deaths of the two kidnappers as they fled from police.

A Lafayette Parish grand jury indicted Handley, 49, on charges of conspiracy to commit second-degree murder, conspiracy to commit aggravated kidnapping, aggravated kidnapping, attempted second-degree kidnapping, second-degree kidnapping, and violation of a domestic violence protective order.

Two victim was bound, blindfolded and gagged by two men who entered her home and then forced her into a van. When they ran into a traffic jam on Interstate 10 in West Baton Rouge, the men — Sylvester Bracey and Arsenio Montreal Haynes, both 27 and both of Jackson, Mississippi — abandoned the van and ran into the woods. Police later found their bodies in the Intracoastal canal, where they had drowned.

The victim has claimed in divorce filings following the incident that Handley wanted to have her kidnapped and killed to keep her from accessing their community property. Since his arrest, a judge has also granted another restraining order barring him from accessing any of the couple's shared assets.

Handley co-founded Townsend, a Louisiana network of substance abuse treatment centers for which he worked as CEO. The company, which advertises opioid-addiction medicine Suboxone as part of its treatment repertoire, recently sold for a cash and stock deal valued at $21.25 million.

Handley remains in the Lafayette Parish Correctional Center, where he has been since his arrest at a Slidell motel four days after the kidnapping.

See the KATC story here.