Furqan Muhammad-Haroon was kidnapped Saturday, according to Toronto police. (Toronto Police Service)

There is still no sign of University of Toronto student Furqan Muhammad-Haroon, after he was reported abducted in the city's east end on Saturday afternoon.

The 22-year-old was kidnapped while driving his green Mazda MPV van near Midland Avenue and Ellesmere Road at about 3:30 p.m., police said.

His parents flew to Toronto from Dubai and begged for his safe return at a news conference on Monday.

"Please come forward if you know anything about my boy, my son," said Haroon Muhammad, who was accompanied by his wife at the news conference. "Please help us. We want him back."

University of Toronto engineering student Abu-Ubaida Atieque, 22, disappeared last November. (CBC)

It is alleged that three men, one with a gun, forced Muhammad-Haroon's car off the road. Police are treating the case as an abduction.

Muhammad-Haroon, an electrical engineering student, had withdrawn $2,000 and called a friend on his cellphone to say that he thought he was being followed. That was the last time anyone heard from him. Police found the vehicle a short while later.

"At this point, we have nothing further. We still have no idea … where the victim is," Toronto police spokeswoman Const. Wendy Drummond said.

It's not the first time a member of the Muslim organization Islamic Foundation of Toronto has gone missing, CBC News has learned. Last November, 22-year-old Abu-Ubaida Atieque, also an engineering student at the University of Toronto, went missing near Neilson Road and Ellesmere Road. His fate remains unknown.

Police haven't said whether the two cases are linked. But Imam Yusuf Badat said he's concerned by the disappearances.

"The community is in a state of shock and at the same time saddened at the disappearance of these two youngsters," he said.

Police will now go through Muhammad-Haroon's activities in the last day or two and try "to ascertain where he was, who he was with, and then speak with those people," Drummond said. "The investigation unfolds from there."

Muhammad-Haroon was on his way to the airport to take a trip overseas.

There was no information about a ransom demand or why Muhammad-Haroon was targeted by the three men.