The hideout was discovered at about 8:00 a.m yesterday by a team of Special Anti-Robber Squad (SARS) and Volunteer Police led by Superintendent Godfrey Soriweiu.
This success came two weeks after the discovery of a similar hideout in the area.
Lagos Police Commissioner, Fatai Owoseni had two weeks ago charged the team to embark on a continuous combing of the Lagos waterways and creeks in search of suspected kidnappers.
The suspected kidnappers, who were preparing morning meal scampered into safety on sighting the special team, abandoning several items.
Other items recovered by the team includes a speedboat belonging to the suspected kidnappers.