Eight members of a marriage party, including children, were out for boating in the river at village Daranagar Ganj when the mishap took place Saturday afternoon.
According to the police, four persons were rescued while three others feared drowned.
Senior police and administrative officials, including ASP (city) A K Mishra and Sub-Divisonal Magistrate Shyam Behari Singh, reached the spot and one body was fished out of the river.
The eight were from village Fatehpur Vishnoi in Moradabad.
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