The Ogun State Police Command has arrested a driver accused of stealing his employer’s Lexus 460 SUV, valued at N45 million, and arranging to sell it in Cotonou, Benin Republic, for N10 million.
The police disclosed that the vehicle was recovered within hours of receiving the theft report, while one of the alleged accomplices remains at large.
According to a statement issued by the command’s spokesperson, DSP Oluseyi Babaseyi, the owner reported the incident at the Agbado Police Division at about 7 pm on November 12, 2026.
The 28-year-old driver, identified as Jeremiah Jacob Emmanuel, allegedly drove his employer to the office earlier that day before taking the SUV away without authorisation.
Investigations revealed that the suspect allegedly claimed his wife was indisposed before driving the vehicle to meet two other men identified as 34-year-old Akeem Olawale and Monday Keshi, who is currently being sought by the police.
The suspects allegedly planned to transport the Lexus to Cotonou and sell it for N10 million, despite its estimated market value of N45 million.
Police detectives subsequently arrested one of the suspects at Agbado Crossing and recovered the stolen vehicle.
The command added that the arrested suspect allegedly admitted his involvement in the planned movement of the vehicle to Cotonou.
The case is expected to be transferred to the State Criminal Investigation Department, Eleweran, Abeokuta, for further investigation.
The Commissioner of Police, Bode Ojajuni, commended the detectives for their vigilance, swift response and professionalism, while reaffirming the command’s commitment to sustaining intelligence-led operations and disrupting criminal networks.