Luis Diaz's father, Luis Manuel Diaz, has been rescued after he was abducted at gun-point on October 28 by left-wing guerrilla group Ejercito de Liberacion Nacional (ELN).
On Thursday, Colombian news outlet Semana reported that the rescue mission for the footballer's father, which saw a 9am helicopter flight full of volunteers from the UN and the Catholic Church, was a success.
Police began preparations for the release of Mr Diaz earlier in the week after he had been held by the guerrilla group for more than seven days.
The report claimed that security forces from the border area with Venezuela had deployed 'more than 300 men into strategic points, with the purpose of expediting the release of Luis Manuel Diaz.