Jamiu Alabi, 24, and Yemi John, 32, were nabbed on Saturday night, the 8th day of October, 2016 at Church Bus Stop, Ipaja. They concealed three human heads inside loaves of bread allegedly.
The suspects sandwiched the heads in the breads and inscribed names and amount on each allegedly.
While one of them had Danjumo 20,000 Naira written on it, the others had Yusuf 70,000 Naira and Alhaji Mumuni 10,000 Naira.
Police spokesperson Dolapo Badmos, said the case was under discreet investigation.
Badmos also confirmed the arrest of suspected armed robbers arrested along Shibiri/ Imude road in Ojo, after dispossessing one Ifeoluwa Francis of her belongings.
Segun Ariyo, 17 and Michael Adetona, 16, while armed with a knife, robbed the victim of 20,000 Naira, a BlackBerry Z3 phone and recharge cards.
They were arrested while trying to share their loot.