A former officer of the United States army and native of Ijan Ekiti in Ekiti, Mr. Jide Ijadare, has been released by his abductors after four days in captivity.
Ijadare was kidnapped about 2.05p.m on Tuesday at his palm oil producing factory alongside one of his staff.
A contractor working with the factory was also shot and killed by the assailants.
A family source told journalists on Thursday that Ijadare regained his freedom after paying the ransom demanded by the kidnappers.
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The source said the abductors had called few hours after the incident and demanded for N20 million ransom.
“My brother was released this afternoon (Thursday) around 4.15p.m and he has reunited with the family,” he said.
He however, did not state whether the demanded N20m ransom was paid in full.
The Police Public Relations Officer in the state, Mr. Sunday Abutu, who also confirmed that the victims had been freed said that the police were not aware of any ransom being paid before the release.
“We are not aware of any ransom being paid.
“We believe he was released after the pressure the security agencies and local hunters had put on them by combing the surrounding bushes,” he said.