The woman’s body was recovered in the bush near a hamlet.
One of the robbers was arrested with the help of residents of the community, while the other one escaped.
The fake soldier was found out after failing to give a colleague an official compliment at a station, police said.
The young man is suspected to be a member of kidnap syndicates that have been terrorising the area for a while.
The suspect had been linked to numerous gruesome killings in Epe and environs recently.
The suspect said the okada rider collapsed while they were fighting.
