He was arrested and is currently under detention at Area H, Ogudu, Lagos over the incident. It was gathered that Egbegbe had gone to Gbagada with some of his friends under the guise that he wanted to change some dollars.
He lied that he was a medical doctor at Gbagada General Hospital, asking the BDC operator to come there for his money later. However, when he was unable to provide an identity card to support his claim, the operator was said to have raised an alarm, attracting others who had him beaten before handing him over to the police.
Egbegbe was last year beaten to a pulp and nearly lynched to death after he went to Computer Village in Ikeja and stole about 9 Iphones.
Here is the police statement below:
“Arrest Of Notorious Fraudsters”
Today at about 1300hrs one Seun Karim aka Egbegbe and one Ayo Oyekan disguise as the MD of Gbagada general hospital and the other as a patient. They lured one Alhaji Isa Adamu and Abdullahi Haruna both bureau de change members , from different location that they needed 9000dollars and 3000pounds. The unsuspecting victims brought same to the suspects at the hospital where they collected the said amount and attempted to escape with the money.
The victims raised alarm and subsequently the suspect were arrested by the policemen attached to the hospital.
Further to the arrest of the fraudsters many members of bureau de change are trooping to the office with similar complaint against the suspects .
Case is under investigation.”