Oh! just read comments in question, dear I missed it. but just letting the answer be here in case it can be useful to some other person
I tried "Ctrl+C" and "Ctrl+ Break" none worked. I was using SQL Plus that came with Oracle Client 10.2.0.1.0. SQL Plus is used by most as client for connecting with Oracle DB. I used the Cancel, option under File menu and it stopped the execution!
Once you click File wait for few mins then the select command halts and menu appears click on Cancel.