Nigerian singer Duncan Mighty, who was arrested on Saturday, has been released on bail by the Police in Imo State.
Orlando Ikokwu, Imo Police Public Relations Officer, announced the Mighty’s release in a statement on Saturday evening.
The Police spokesman disclosed that the singer was asked to report back on an unspecified date next week.
Rumors had earlier merged on Saturday that the ‘Port Harcourt Son’ was kidnapped.
However, the Police released a statement saying that Mighty was arrested not kidnapped after an up-and-coming rap artist M2 filed a petition against him for fraud.
M2 in the petition claimed that the Imo state Government led by Owelle Rochas Okorocha, through the office of the special adviser on Entertainment, entered into a deal with Duncan Mighty to manage, promote and arrange a collaboration with other top artists and sign M2 under Young Wealth record label owned by Duncan Mighty.
According to M2, the deal was sealed with a fee of ELEVEN MILLION NAIRA (N11,000,000) which was paid to Duncan Mighty, however, since collecting the payment he refused to fulfill his own part of the deal.
Ducan Mighty confirmed going into an agreement but said he can only refund the money if the contract is terminated. Based on this promise, he was released.
This led to a termination of the contract by the representative of the former Governor, to ensure he refunds the money, however, since then, Duncan Mighty could not be reached. According to the statement, “he absconded.”
A warrant of arrest was later issued which led to his arrest at the early hours of this morning.
