A businessman in Ugbe Akoko, in the Akoko North East council area of Ondo state, Augustine Okoye, who was initially kidnapped has reportedly been killed by his abductors after the payment of ransom by his family members.
The victim was abducted alongside his wife on the Isua-Ise Akoko road.
It was gathered that they abducted and killed the businessman over some irreconcilable differences on the ransom paid by his family members to them.
The wife was, however, released by the kidnappers.
A family source informed newsmen, that the wife of the victim has declined to speak on the incident since her release.
A Police source in Ikare Akoko told newsmen that the vehicle belonging to the couple has been recovered from the scene of the incident.
Meanwhile, a joint patrol of police, Amotekun corps and the local vigilante groups have been deployed to comb the forest to recover the dead body of the victim and to arrest his killers.
The state police command spokesperson, Funmi Odunlami, said that the command was not aware of the incident.
But a police officer in lsua Akoko confirmed the abduction of the couple but claimed ignorance of the death of the husband.