The accused obtained N86,000 from the complainants with a promise to work for them as yearly labourer on their farms but he refused to do so.
The accused, who could not meet his bail conditions, was, however, remanded in prison pending when he would perfect his bail conditions.
Magistrate Risikat Olayemi, who gave the ruling, also granted the accused one surety in like sum.
Olayemi said the surety, who must swear to an affidavit of means, should also reside within the court’s jurisdiction and present two recent passport-size photographs of himself and that of the accused.
Nobody showed up as surety for Udor and he was taken to Ile-Ife Prison.
The accused is facing charges of fraud and conspiracy.
Earlier, the Prosecutor, Insp. Monday Ojiezele told the court that Udor and five others now at large conspired and collected the money on Feb. 15 at about 1.30 a.m. at Alapadi Village near Ile-Ife.
According to Ojiezele, the accused obtained N86,000 from the complainants — Lateef Raji and Raufu Olajide — with a promise to work for them as yearly labourer on their farms but he refused to do so.
The offences contravened Sections 419 and 517 of the Criminal Code, Laws of Osun, 2002.
Counsel to the accused, Mrs Module Olufemi, urged the court to grant him bail, promising he will not jump bail.
The case was adjourned until May 8.