Police on Friday arrested a 20-year-old man from Liopetri, in Famagusta, on suspicion of robbing a bakery earlier in the day armed with a speargun trident.
The man was arrested at 2pm and according to police, he has admitted to carrying out the early morning robbery.
Police said he surrendered €75, saying it was the money he had taken.
The man is expected to be brought before a court on Saturday.
According to the bakery worker, at around 4am, an unknown individual who had covered his face with a hood and was wielding a fishing trident went into the shop and threatened members of staff.
He then forcibly opened the drawer under the register and took a small bag with money. The bag contained some coins and an unknown amount of cash.