A request to have a guest house valuated landed a Nelson Mandela Bay estate agent at the centre of a hostage situation after he was said to have been overpowered, tied up, and made to watch as his alleged captors drained his bank accounts and made ransom demands from his friends and family.

The incident came to light after a video was circulated of the Remax agent sitting on a bed, stripped to his underwear with his hands bound...