A 34-year-old man was arrested on Wednesday in connection with a €50,000 robbery investigation.

A police bulletin said at around 1:30pm on Tuesday, a 36-year-old man in Limassol met with another individual to buy cryptocurrency.

However, the 36-year-old was attacked by the man he met with, along with two other persons.

The three suspects stole over €50,000 and fled the scene.

Police secured an arrest warrant for a 34-year-old who was arrested shortly before 6pm on Wednesday.