Obadu of Ilemeso-Ekiti, Oba David Oyewumi Abductors demanded N20 million ransoms from the family for the monarch to regain his freedom.
Globalgistng earlier reported on Thursday that suspected gunmen, besieged the monarch’s palace and abducted him around 8:30pm
The abductors, who fired gunshots sporadically were said to have scaled the fence into the palace and moved straight into the monarch’s apartment and whisked him away.
Ilemeso, in Oye Local government Area of Ekiti State, is a neighboring town to Isan-Ekiti country home of Governor Kayode Fayemi.
A family source confided in newsmen in Ado-Ekiti on Monday that the gunmen contacted the family on Saturday evening and made the financial demand.
The source said: “We have been contacted. They called us around 7.03pm on Saturday and demanded that we pay a sum of N20 million for the king to be released.
“We are really worried by this demand. The family is taking further steps to ensure that Kabiyesi is released as soon as possible,” he said.
The Police Public Relations Officer, Ekiti Command, ASP Sunday Abutu, said the police and other security agencies are making frantic efforts to rescue the monarch from captivity.
Abutu said: “We are taking all security measures to ensure that we rescue the Oba. We are not resting at all.
“We are working with other sister agencies in this regard and also working on intelligence gathering we have at our disposal.
“The police want to work more to prevent this kind of crime and we are relying on information from the members of the public, because we work more on information we found to be veracious.
“We appeal to members of the public to help us with information. Let them report any strange face or suspected person to the police. We assure you that the police will protect the identities of such informants.”