Paphos police are looking for a 34-year-old man in connection with theft and the extortion of money.
A 36-year-old British permanent resident of Paphos reported to police that he quarrelled with the 34-year-old over renting an apartment in Larnaca.
He said he told the 34-year-old to leave since the apartment was his.
The man left the house but allegedly returned with three other people and threatened to burn the place down.
They then took a computer screen, headphones and various other items worth €2,000.
The men reportedly then forced him to drive to an ATM and withdraw €1,260, which he handed over to them.
Paphos police issued an arrest warrant against the 34-year-old and he has been placed on a stop list.