The suspects are: Tunde Jimoh, Gbenga Babalade, Abubakar Agboola and Olatunji Ahmed.
Presenting the suspects before newsmen in Ibadan, the Commissioner of Police in Oyo, Mr Abiodun Odude, said Jimoh and Babalade conspired to kill the victim for money rituals by using human heart.
He explained that Agboola, who is called Baba, provided the link to Ahmed who is an Alfa.
Odude said that the killers of the victim carried out their plan in the pretext of doing cashew business and lured the victim, robbed him of N100, 000 and subsequently murdered him in cold blood.
He said the two suspects said they killed Oyeyemi because they believed he had N1million in his possession for the cashew business but N100, 000 was found in his possession.
Odude said that the two suspects said that after killing the victim, they removed the vital organs for money rituals and took them to the other two suspects, Baba and Alfa for the ritual.
He said that the victim’s wife became apprehensive when she did not see her husband return home on time and raised alarm and thereafter reported the case at the Atiba Police State.
“ Following the report, the anti-kidnapping squad of the command was mandated to investigate the case and this led to the arrest of the suspects,’’ he said.
The police chief said items recovered from the suspects include: headless body of the deceased, heart and wrists.
Other items are one cut-to-size single barrel gun, two long single barrel gun, axe, three knife, N40, 000 and charms.
He said that the suspects would be arraigned in court after police investigations.