Place at Srikakulam's JV Puram village on June 16.
Police said the mishap occurred in the afternoon between 1 pm to 5 pm.
The bodies were taken out after 10 pm.
Police said the kids went out to play as their parents went for agricultural work.
While playing, they went near the ground-well and accidentally fell in it.
The children have been identified as Savara Trisha and Savara Rahul, both 7.
A case has been filed under Section 174 of CrPC.