Eyewitnesses told Channels Television that the men were seen coming out of the waterside at about 11pm on Thursday looking exhausted and unkempt.
The men were said to have asked vigilantes on patrol of the area to take them to their homes.
A resident of the estate, who visited the victims said that they were safely in their homes but could not confirm whether any ransom was paid for their freedom.
The Commissioner of Police in Ogun State, Mr Ahmed Iliyasu claimed that the release of the men was as a result of the pressure mounted on the kidnappers by security operatives.
The men were kidnapped during an aerobic session on Saturday September 17.
The abductors, who established contact with the families earlier on Sunday, had demanded the sum of 300 million Naira each for their release.
The Police, however, assured the families that they were on a massive manhunt for the kidnappers.
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