The Ondo State Police Public Relations Officer, Wole Ogodo, who confirmed his release on Thursday, however declined to provide details of his release.
“Go to Baba’s house, whatever you find there, that is it,” he said according to PremiumTimes.
It would be recalled that President Muhammadu Buhari of Nigeria had directed the Inspector-General of Police, Solomon Arase, and other security agencies to take necessary actions to ensure the safe and speedy rescue of Falae.
Falae was abducted at his farm on Monday by gunmen, who demanded N100 million as ransom.
The abductors later reduced the ransom to N90 million but Falae’s family said they could only raise N2 million.