It was gathered that Olofaina died on Thursday at the age of 74.
The deceased, who is from Ede in Osun State, lived in Ibadan, the Oyo State capital for many years.
Olofaina featured in various epic Yoruba movies such as Ogbori Elemoso, Ayanmo, Bashorun Gaa, Afonja.
Others are; Lagbondoko and Balogun Ibikunle Produced by Biodun Eleni- Latinwo amongst others.
His close associate, Chief Musliu Dadofunjo, also known as Baba Jogunomi, confirmed the death of the actor on Thursday.
Dadofunjo said that the deceased died Thursday evening.
He said, “He died this evening. He has a house in Ibadan but he has returned to Ede where he died at the age of 74.”
He was formerly the Solaloju of Ede and was upgraded to Majeobaje of Ede.