At about 1000h today, police said that Stanley Persaud, 37 years of Soesdyke, EBD, was walking along Regent Street, Georgetown, when he was attacked by a man armed with a knife and who took away his gold band valued at $260,000and escaped on a bicycle.
The robbery, police said, was captured on the CCTV of a nearby business place which was viewed and led to the arrest of the perpetrator in a house at James Street, Albouystown. The gold band was recovered.
The suspect is in police custody and will be charged shortly.
