A security guard, who was involved in the multi-million robbery on Wallison Enterprise has since confessed, which led to the arrest of two serving members of the Guyana Defense Force (GDF).
This information was relayed by a well-placed source close to the investigation.
Guyana Standard understands that police acting on information received swooped down on the house belonging to the serving ranks at Vergenoegen, East Bank Essequibo (EBE), and $18 million was buried in a bucket in the backyard.
The ranks have since been identified as Keyon King and his girlfriend who is also a serving member of the GPF. The duo was arrested and taken into custody, where King confessed to being involved in the robbery while noting that his girlfriend is innocent.
Wallison Enterprise, which is located at Lot 23 Gordon Street Kitty, Georgetown, was robbed on Thursday last at 10:05hrs after three men stormed the business under the pretense of selling gold.
Cops had reported that the three men went to the location with a white car and parked it north of the building and entered the compound, through the main gate, after they told the security guard that they were there to sell gold.
The three armed men then entered the waiting area where they spoke to the cashier and showed her a package, which they had claimed contained gold that they wanted to sell.
The men then pulled out their firearms and ordered her into an office where the money and gold were secured.
They then robbed the business owner and the cashier, of one cellular phone valued at $300,000, $38,000,000 cash, 61 ounces of raw gold valued at $20,000,000, and one cellular phone valued at $60,000.
While exiting the three men took a DVR box, but cops still managed to gain the footage of the robbery from other hidden CCTV footage.
Law enforcement officers are currently on the hunt for more suspects who are said to be a part of the heist.