The Oniku of Iku quarters in Ikare Akoko, High Chief Mukaila Bello and three others abducted on Thursday have been freed.
Their abductors demanded N50m and it was not clear, as at press time if any ransom was paid for their release.
Others abducted alongside Chief Mukaila were a former House of Assembly candidate for Akoke Northeast constituency, Yeye Gbafinro, Hon Adeiran Adeyemo and Mr. Bashiru Adekile.
It was gathered that they were released on Saturday night along Owo-Akoko road and were immediately taken to the hospital for medical attention.
The Owa-Ale of Ikare Akoko, Oba Adeleke Adegbite-Adedoyin, who confirmed their release, said he was elated that his subjects have been released.
He thanked security agencies for their efforts to securing the release of the victims.