Police have confirmed that one man has been apprehended in relation to the robbery conducted on the Readymix Concrete Ltd located at Eccles Industrial Site, East Bank Demerara on Sunday last.
It was reported that on the day in question, at around 03:00hrs, an undisclosed amount of cash was taken by three armed men, who assaulted the two watchmen on duty at the time-both in their late seventies.
Investigations revealed that the suspects pounced upon the two watchmen and held them at gunpoint, after which they proceeded to a section of the two storey-building and used a cutting torch to gain access to the cash in a safe, which they removed.
Armed personnel from a contracted security service, responding to an alarm from the said building, confronted the suspects and an exchange of gunfire ensued, but the suspects managed to flee the scene.
Police investigations are ongoing.