According to reports, Egbegbe was officially charged to court by the Police today November 24, 2016.
The CEO was on Tuesday November 22, 2016, arrested at Computer village, Ikeja for allegedly stealing 9 iPhones.
In earlier reports, eyewitnesses said Egbegbe went to a certain Keelcech Innovations Store, took some iPhone 7 and iPhone 6 plus mobile phones, told the sales girl he was coming, and then crossed to enter his car.
Following this, the producer was beaten by a mob and taken to the police station.
Egbegbe released a statement denying the allegations, but it was revealed on November 23, 2016, that he was still in Police custody.
According to Linda Ikeji's blog, Egbegbe was officially charged to court by the Police today November 24, 2016.
He's presently at the Magistrate court in Ikeja. According to Lagos state Police PRO, Dolapo Badmus, "After Discreet Police Investigation and two nights in custody, Seun Egbegbe has been charged to court for stealing."
Meanwhile, Pulse paid a visit to the hubbub of Lagos where Seun Egbegbe was portrayed by merchants as a notorious thief who uses charms on people before stealing.
Eye witnesses say Egbegbe has been doing that in computer village for a long time now. An eye witness said, "Just last week Friday, November 18, 2016, Egbegbe walked into a shop and stole 2million naira worth of goods. He was successful."
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How he was able to walk away with all that is, however, unclear.
Traders at Ikeja revealed to Pulse Egbegbe targets new phone shops in the area in the early hours of the morning before other shop owners begin to open.