The suspects are Sulemana Dauda, Joseph Arthur King, and Emmanuel Kwaku Adjei. They are all in their 20s.
The horrific incident had caused an angry mob to set a house ablaze, which they believed the killers might have been hiding in.
Speaking to the Ghana News Agency, Superintendent Ebenezer Ampofo, and the Akim Oda Divisional Police Commander said the police was hinted on July 27, 2016 around 2030 hours of an attack on a taxi driver.
He said the police got to the place of the incident and the late Nartey was found lying unconscious by his taxi with registration number GW 9380-16 and was rushed to the Akim Oda Government Hospital.
Nartey was pronounced dead after reaching the hospital and the body has been kept at the mortuary.
According to the Commander, the taxi driver was hired by the three suspects to convey some items to their house at Akim Oda Quarters.
They attacked his neck with an axe and he fell unconscious.
This attracted some people to the scene and fearing for their lives the assailants took to their heels.
However the following day the police arrested Dauda and King and were processed to appear before the Oda Magistrate Court for prosecution.
The suspects were remanded in prison custody to reappear on August 30.
Supt Ampofo advised drivers and passengers to be vigilant in their movements, especially in the night to avoid being attacked by unsuspecting persons.