An Indian businessman lost HK$3 million (US$386,000) in cash to robbers but quickly recovered it thanks to a GPS-enabled smartphone.
The 34-year-old man named Kumar had just collected the money in two suitcases when he was held up by six men in Hung Hom, Apple Daily reports.
The suitcases contained US$325,000 and about 50,000 euros.
The suspects, described as South Asian, drove off in a waiting SUV.
Kumar, a smartphone trader, had put a smartphone in one of the suitcases, enabling the police to track the suspects.
The GPS signals showed the the SUV traveled through Hung Hom, Tsim Sha Tsui, Yau Ma Tei and Larch Street in Tai Kok Tsui.
The suspects were about to transfer the suitcases to another SUV when police officers arrived.
They fled but their 25-year-old driver was later arrested in Mong Kok.
One of the suitcases was promptly recovered while the other was traced to a seventh-floor stairwell in a building in Tai Kok Tsui.
Kumar, who sustained injuries to his right knee and back during the robbery, received the money intact.
Hours later, police arrested a second suspect. The others remain at large.
Meanwhile, police are investigating whether a silver SUV found burning outside Shan Tong New Village in Tai Po might be connected to the robbery.
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