Falae released without payment of ransom, says IGP
Arase, who disclosed this to journalists in Akure while handing over Falae to his family, said the police would soon release further details on the rescue efforts.
The Commissioner of Police in the state, Mr Mike Ogbodu, as well as other top officers of the force were also present at the forum.
The News Agency of Nigeria (NAN) recalls that Falae was kidnapped on Monday on his farm by suspected Fulani herdsmen.
The abductors had reportedly demanded N100 million initially as ransom before reducing this to N90 million.
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