Three men have been arrested after jewellery worth more than two million dollars was allegedly stolen during an armed robbery in Dandenong in late December.
It is alleged two men entered a jewellery store in Dandenong's CBD, assaulted and threatened the victim, before stealing jewellery and cash about 6pm on Thursday, 29 December.
Greater Dandenong Crime Investigation Unit detectives executed search warrants this morning.
A 66-year-old Doncaster man, a 60-year-old Pakenham man and a 38-year-old Narre Warren man were arrested.
They are assisting police with their enquiries.
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