The officials of the Economic and Financial Crimes Commission, Ibadan zonal office, have arrested two separate blood brothers, Ayoola and Olusola Timilehin, and Oladayo and Tolulope Fayemi alongside three others over alleged internet fraud.
The seven were arrested at their Alaka, Elebu hideout in Ibadan, the Oyo State capital, on Wednesday.
Three other accomplices, who were arrested alongside the suspected brothers are Temitope Kumuyi, Babatunde Oyelakin and Olanrewaju Ibrahim.
All the suspects are between ages 20 and 30.
It was learnt that the suspects were arrested based on intelligence linking them with opulent lifestyle without any identifiable means of livelihood.
Items recovered from them are four cars, laptops, exotic phones and a stamp bearing the identity of the bursary section of School of Medicine, Queensland University, Australia.
Dele Oyewale, Head, Media and Publicity, EFCC, said the suspects would be charged to court as soon as investigations are concluded on their matter.