Gold Coast 12-year-old boy allegedly kidnapped for ransom: Police

A 12-year-old boy, who was last seen being pulled into a car outside his Gold Coast home, has been located by police in northern NSW.

Police claim the 12-year-old was kidnapped as part of an ongoing financial dispute. Right: The car believed to be linked to the alleged abduction. Source: AAP

A 12-year-old boy allegedly abducted from a Gold Coast street, police investigators claim was kidnapped and likely bound as part of an ongoing dispute over personal loans involving a "substantial" amount of money.

The boy was found on Saturday afternoon in Grafton in northern NSW following a tip-off from a member of the public who recognised the dark blue Jeep SUV allegedly involved after an appeal from police.

The 12-year-old was last seen being pulled into the vehicle in Mudgeeraba on Friday afternoon.

CCTV images of Oliver Yang walking home before he was pulled into a car. Source: Twitter

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