A farm estate owner, Olanrewaju, has been kidnapped on his farmland in Oba-Ile, along the Akure Airport Road, Ondo State capital.
Mr. Oyeleye was kidnapped in the early hours of Friday alongside his farm manager, whose identity is yet to be confirmed.
It was gathered that their abductors had contacted the family on Saturday, demanding a ransom of N100 million for their release.
Gunmen had kidnapped three Students of the Federal College of Agriculture, Akure at Oke Oge in the Oba Ile area of Akure North Local Government Area, Ondo State.
The state Commander of Amotekun, Adetunji Adeleye, confirmed the incident.
He said his men are working tirelessly to ensure the victims are rescued from the abductors.