HONG KONG, December 21 (ANI): Hong Kong police have arrested a mainland Chinese man in connection with a high-value robbery involving Japanese currency, after staff at a money exchange shop were threatened and robbed earlier this week, NHK reported.
Police said the 43-year-old suspect was taken into custody after officers recovered a suitcase containing a large quantity of Japanese yen.
The arrest followed an incident reported on Thursday in the Sheung Wan area. According to investigators, two employees of a currency exchange shop were transporting four suitcases filled with cash to a nearby bank, where the money was to be converted into Hong Kong dollars.
While en route, the employees were confronted by three men armed with knives. The suspects allegedly threatened the staff, seized the cash-filled suitcases, and fled the scene in a vehicle. No injuries were reported during the robbery.
Authorities estimate that about one billion Japanese yen, valued at approximately USD 6.4 million, was stolen.
Police later located a vehicle believed to have been used as the getaway car. Investigators believe four people were involved in the crime and are continuing efforts to track down the remaining suspects who escaped.
Hong Kong police said the investigation is ongoing and that further arrests may be made as inquiries continue.
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