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As the case was registered under the Juvenile Justice Act, the mother was placed under police watch and later released.
The body has been shifted to the mortuary at the Government Medical College Hospital, Kozhikode, and will be handed over to the family after the autopsy.
Among the two boys who assaulted her, one is her neighbour, while the other is a student from another school.
The minors murdered the boy for a ransom of Rs 10 lakh.
The girls will appear for their remaining examinations from the rehabilitation centre, where they will also undergo counselling.
A team from the Tanur police will head to Pune to bring the girls back home.
The 16-year-old accused posted a photograph on social media with the caption: "Kar diya 2024 mein murder" (Finally committed murder in 2024).
The police received a complaint regarding an airgun being used by a student during the clash which happened on Tuesday.
The accused used a pair of scissors and a geometric compass to attack him, according to hospital authorities.
Maharashtra Deputy CM Devendra Fadnavis said the police have approached the higher court to try the juvenile as an adult.
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