Ecuadorian President Rafael Correa adressed thousands of jubilant supporters outside the presidential palace in the capital Quito after soldiers rescued him from mutinying police protesting against changes to their employment benefits, DPA reported.
In his speech Correa said that "Ecuadorian blood had been spilled completely unnecessarily."
The president said five people were injured when he was freed. Earlier reports said that at least one person had died in the mutiny.
"Nothing will be forgiven and nothing will be forgotten," he said.
The president also said he would not give into the mutineers' demands. He accused them of attempting a coup.
He thanked South American leaders who had promised him their support.