Report has it that there has been a failed attempt to kidnap billionaire oil magnate, FEMI OTEDOLA for one billion naira ransom.
The report says that officers of the Intelligence Response Team in the Nigerian Police foiled the attempt by a three-man gang to kidnap FEMI OTEDOLA.
Force spokesman, DON AWUNAH, who made this known in a statement said that messers IKECHUKWU DANIEL; ADEYEMI KAYODE; and AYODELE TEMITAYO, who were arrested in June, confessed to have planned the kidnap of OTEDOLA.
He said that the suspects, who confessed to being responsible for various high profile kidnappings in the Southwest, were arrested with two AK47 rifles loaded with live ammunition.
DON AWUNAH added that KAYODE was said to be a personnel of the Nigerian Security and Civil Defence Corps while IKECHUKWU the prime suspect was dismissed from Ahmadu Bello University, Zaria, for cult related offences in 2009.