According to reports, the 29 year old informed his friend residing in Hong Kong that he was being held for a AED 109,000 ransom through WhatsApp.
The suspects were identified as four Chinese nationals who were caught with the victim in a house in Makati City, Metro Manila.
They are currently under the custody of the Philippine National Police as an investigation is underway.

Iran says no final decision made on deal
Two killed, 10 injured in Ukraine attack on Russia's border Bryansk region
Trump cancels US strikes on Iran, citing progress in talks
South Korea court sentences ex-President Yoon to 30-year jail term in drone case
Thai king's eldest daughter dies, aged 47, after long illness
US confirms third strike on Indian-crewed tankers this week
UK defence minister Healey quits, says PM Starmer's plans fail to keep country safe
False alarm at the Pentagon triggers brief shelter-in-place order
