Daily Sun learnt that the arrest was made by soldiers on duty Ondo State where a member of the gang had travelled to spend his own part of the money carted away.

Thisday  gathered that before the police succeeded in arresting the suspects, some soldiers of who were on a stop and search duty in Ondo State had first arrested the suspect who was on his way to his home town in Okitikpupa, Ondo state.

During the stop and search exercise, the suspect was carrying in his bag, bundles of new N1000 notes with bank wrappers.

Aware of the robbery incident in Lagos, the soldiers detained him and alerted the Lagos state police command.

The police had placed a N5million bounty on anyone with useful information on the whereabouts of the robbers.

Meanwhile, the recent bank robberies in Ikorodu has forced residents in the area to seek the services of vigilante groups to stop a repeat of the incident in their community.