Police arrested a 57-year-old man believed involved in a robbery at the Bank of East Asia headquarters in Central on Wednesday afternoon, the Hong Kong Economic Journal reports.
The heist took place at around 3:30 p.m., when a man approached a counter at the bank on Des Voeux Road in the Central business district, and handed a note to the teller.
The message read: “Put all the money in the bag and then hand it to me, or I will shoot to kill you.”
Security camera footage showed the man pointing what looked like a pistol at the bank clerk.
Police said the man fled after bank employees had stuffed around HK$70,000 in the bag, and ran toward an MTR station.
Police launched a large-scale manhunt soon after receiving a report of the robbery.
About 100 armed officers with bulletproof vests searched the vicinities of the MTR Hong Kong, Central and Admiralty stations.
At around 7 p.m., police arrested a man surnamed To at Tin Yan Estate in Tin Shui Wai, where part of the loot was recovered along with a toy gun believed to have been used in the heist.
According to other local media reports, police identified the man as the same person who robbed a jewelry shop in Sham Shui Po in 2016.
During the manhunt, pictures of the suspect were distributed at border checkpoints and to police officers on patrol.
According to a police source, the man had been convicted and sentenced to 16 years in prison in connection with an armed robbery at a bank in Wan Chai in 1987 and jailed for another 10 years after that for another robbery in which a person was injured.
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