A man apparently took advantage of the festivities in Limassol on Sunday evening to rob a betting shop at gunpoint while wearing a carnival mask.
Police said the robber got away with over €2,000.
The man, who wore a carnival mask and wielded a pistol, entered the establishment and demanded the money at around 10.30pm, according to the 25-year-old employee.
After taking the cash, the man fled the scene in an unknown direction.
He was described as being 1.80 metres tall, normal build. At the time of the robbery, he wore camouflage trousers, a black sweatshirt, and black gloves.