In a statement released by the Imo State Nigeria Police PRO the singer has been released on bail and is scheduled to report back on an unspecified date next week.
The arrest follows a petition written by an up-and-coming rap artist M2 who 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 collaboration with other top artists and sign M2 under Young Wealth record label owned by Duncan Mighty.
The said agreement 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.
The singer was rumored to have been kidnapped by unknown gunmen in the early hours of early hours of yesterday.
It was later in the day that the Police released a statement stating they were responsible for his arrest.
The singer however made a video upon his release, which he posted on social media
Duncan Mighty regains Freedom after he was arrested for N11 Million fraud. pic.twitter.com/ObRZaACgwo
— Laila Ijeoma | Lailasnews.com (@LailaIjeoma) December 15, 2019