New details are emerging about the arrest of two people in connection with the kidnapping and murder of a retired Vulcan famer.

Tim Douglas Engel, 35, and Bobbi Joe Parks, 28, both of Claresholm, are charged in connection with the homicide of Otto "Bunty" Loose.

Engel is charged with first degree murder and indignity to a human body and Parks is charged with obstruction.

Otto Loose, 77, was reported missing by members of his family who called police at about 11:00 p.m. on Tuesday, January 10.

Police say Loose was kidnapped from his Vulcan area home on January 8, 2012.

Investigators believe he was taken, in his vehicle, to Nanton and Claresholm where several suspicious financial transactions were attempted by the accused.

Loose was then murdered and his body was moved in the same vehicle to the wooded area where he was eventually found by police.

An autopsy was conducted and the Calgary Medical Examiner has deemed the death a homicide.

Engel will appear in court in Lethbridge January 27.

Parks has been released on her own recognizance and will be back in court in Claresholm on January 25.

Police say Engel is also facing additional charges in an unrelated matter and was under house arrest at the time of Loose's murder.

Engel was charged on December 21, 2011 in relation to a domestic situation that police say involved a female that was not Parks. He is charged with three counts of uttering threats, two counts of assault, two counts of overcome resistance, three counts of kidnapping and  assault with a weapon.

Engel will be in court to answer to those charges on February 1, 2012 in Fort Macleod.