The singer was accused by Humble Entertainment for avoiding a concert he had been paid for, leading to an embarrassing situation for the event organisers.
This is following a recent scandal where a show promoting agency, Humble Entertainment, criticised Wizkid for failing to perform at a London concert which he was booked for.
According to CityNews.ng, the singer reported the matter to the Lagos State Commissioner of Police, Fatai Owoseni, who swiftly swung into action and found the culprit.
According to reports, the lady opened a social media account with Wizkid's name and picture, which she used in getting her victims.
Owoseni said, “A lady was arrested for defrauding people on .. She was posing as Wizkid. She was arrested yesterday. The lady duped two people."
“The two victims are outside Nigeria. Members of the public should be very careful on sending money to people they met online."
"The lady collected money from people in the United States and they thought they were paying money to Wizkid to come and perform."
"They did not know they were dealing with fraudsters. Nigerians should warn friends and relatives overseas to be careful in sending money to anyone, especially someone they did not know or have not seen.”
Wizkid has been billed to join Chris Brown as a special guest later in 2016 on his "One Hell of a Nite" tour fixed to hold in Denmark, Germany and Holland.