A 12-year-old boy was allegedly abducted from outside his house and held for ransom over his father's $4 million dollar gambling debts.
The 12 year old boy was allegedly abducted about 3:30pm on Friday afternoon outside his home in the Gold Coast suburb of Mudgeeraba.
The 53-year-old man arrested over the alleged kidnapping will be charged with kidnapping for ransom once he is extradited back to Queensland, police said.
Police are still looking to locate the dark blue 2013 Jeep Compass with Queensland registration 760 TNH believed to be linked the boy's disappearance.
Police said they found the boy after following a auto linked to his alleged abduction using Main Roads camera networks.
BHP Billiton Target of Unusually High Options Traded (BBL)
Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Among 7 analysts covering BHP Billiton Ltd (NYSE:BHP), 4 have Buy rating , 0 Sell and 3 Hold.
"We've received information today from other members of the public, which has sort of steered us in that direction, but again we're keeping an open mind", he said.
Earlier, Detective Inspector Marc Hogan said police had established a major incident room at Burleigh and had been searching through the night.
The Queensland Police Service will continue with liaise with New South Wales Police as part of their investigations, a spokesperson said.
They thanked the media and the public for their assistance.