The Ondo State Police Command has arrested six suspects in connection with the alleged fraudulent sale and illegal transfer of three heavy-duty vehicles valued at more than ₦71 million.
The arrests followed an intelligence-led investigation by operatives of the Fagun Division, in what police described as a major breakthrough in the fight against financial and property-related crimes.
This was made known in a statement by the Police Public Relations Officer, DSP Abayomi Jimoh, on Sunday.
The suspects were identified as Adeola Kolawole, 56; Alhaji Gani Bello, 73; Oladoja Akeem, 56; Wasiu Adigun, 55; Azeez Yusuf, 49; and Ojo Mudasiru, 40.
They were apprehended in Ibadan, Oyo State, after investigators tracked their alleged involvement in the transaction.
According to the Police, the case was reported on May 22, 2026, by Mr. Paul Aderemi of Ayegunle Street, Ondo.
Aderemi alleged that he purchased a low-loader truck, a tipper truck, and a small truck worth approximately ₦71 million in May 2025 and entrusted them to Adeola Kolawole under an agreed arrangement.
Police said the complainant later discovered on May 13, 2026, that the vehicles had allegedly been sold without his authorisation, prompting him to report the matter to law enforcement authorities.
Following the report, detectives launched an extensive investigation. The principal suspect, Adeola Kolawole, was arrested and allegedly confessed during interrogation to selling the vehicles to Alhaji Gani Bello in Ibadan.
The police said the information provided crucial leads that resulted in the arrest of the remaining suspects believed to have participated in various stages of the transaction.
The Command also disclosed that efforts are ongoing to recover the three vehicles and determine the full scope of the alleged criminal conspiracy.
It was added that all six suspects have reportedly made statements concerning their roles in the matter.
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The suspects are expected to be charged in court upon the completion of investigations.
Speaking on the development, the Commissioner of Police in Ondo State, CP Felix Ohagwu, commended the professionalism and dedication of the investigating officers, noting that their swift action was instrumental in achieving the breakthrough.
Ohagwu also praised the support and leadership of the Inspector-General of Police, IGP Olatunji Rilwan Disu, whose emphasis on intelligence-led policing continues to strengthen crime-fighting efforts across the country.
The Commissioner reassured residents of the command’s commitment to safeguarding lives and property, warning that individuals involved in criminal activities would be brought to justice regardless of where they attempt to evade arrest.
He further urged members of the public to support law enforcement agencies by providing timely and credible information that can assist in preventing and combating crime.
The arrest of the six suspects highlights the growing role of intelligence gathering, inter-state cooperation, and coordinated policing efforts in tackling complex criminal networks operating across state boundaries.