The incident that occurred at the Olorisaoko community in the Akinyele Local Government Area of the state on Saturday evening has thrown the whole area into confusion.
Investigations revealed that the victim recently wrote his final subject for the West Africa Examination Council at Iyana Community Grammar School, Olode, Moniya, Ibadan.
Multiple sources who spoke to reporters said the victim, alongside his three other age groups, contacted a Muslim cleric, now at large, for a money ritual on that day.
The source said that unknown to the victim, the three other boys had bargained with the cleric to kill him for a money ritual.
Another informed family source said the cleric house has been set ablaze by yet-to-be-identified youths in the area.
When contacted, the state Police Public Relations Officer, Adewale Osifeso, said investigations had already commenced on the incident.
He stated that investigations have commenced on the incident.