Metropolitan Superintendent Anthony Wagambie Jr said the suspects were part of a gang that held up staff of a mobile phone company outside ANZ Bank, Market Branch.
“Good investigative work by Lae CID led to one of the suspects being intercepted whilst travelling on a vehicle along 7th Street,” Wagambie Jr said.
“He led police to the next suspect.”
Wagambie Jr said the second suspect is currently out on Court bail for another armed robbery case.
“When he was taken to his residence for a search, the magazines of a pistol which was stolen were found.