Officers intercepted the suspected robbers along Sagamu-Ore Expressway, but only after they had delivered the content of the truck to a buyer in Ode-Remo, about 27 kilometres north of Sagamu.
The online video of the incident showed how policemen in a white Toyota Hilux van caught up with the truck, pulled up by the driver’s side and fired a shot into the truck with an AK-47 rifle.
They also fired several shots at the vehicle’s tyres to demobilise it.
Some men in a vehicle driving a few metres from behind captured the moment, which abruptly ended at the 19-second mark.
Mr. Oyeyemi had told Premium Times on Saturday night that no one was killed or injured in the incident.
The police identified the driver of the stolen vehicle as Saheed Omotosho, adding that he had allegedly confessed to delivering the products to Adijat Azeez, a beer dealer in Ode-Remo.
The duo had been remanded at the police special anti-robbery squad facility in Ogun State on the order of state police commissioner Ahmed Ilyasu, the police said.
Mr. Oyeyemi told Premium Times the suspects would be arraigned after they’ve provided information leading to the arrest of other suspected criminals that participated in the theft but who were still at large.
According to Premium Times, it could not be immediately confirmed if the two suspects had legal representatives.