Police in the Kiira region have arrested suspected robbers and recovered an AK-47 gun serial number UG-UPDF-UH-3113 with 28 rounds of live ammunition.
The officers also impounded a Toyota wish registration number UBA 032N and harmful drug substances, cigarettes, and a harmer.
The suspects, who spent the night at Jinja central police station are Patrick Kiiza, a resident of Iganga district, and Godfrey Isanga, a special hire driver from Mayuge district.
The suspects were arrested from their hideout at Rainbow guest house in Jinja City Northern division on Monday evening.
It is alleged that the suspects waylaid Bhavin Prajapati, the finance officer of Victoria Nile plastics shortly after withdrawing Sh280 million from Baroda bank in Jinja on Monday afternoon together with his colleague.
The suspects intercepted the duo near a car washing bay along Naranbhai road, grabbed the bag containing the money at gunpoint, and fled off.
Bhavin told journalists that they quickly filed a case of robbery at Jinja CPS, which eased the tracking down of suspects.
James Mubi, the Kiira region police spokesperson, says the bag containing the money had a GPS tracking device which helped the detectives easily track down the suspects’ location.
Mubi notes that they have since recovered Shillings 77 million from the suspects, adding that available information indicates that their accomplices who are still at large fled off with the bigger portion of the money.
He revealed that there is a big racket of armed robbers who normally target bulk cash depositors with the aim of robbing them at gunpoint.
Mubi said the recovery of the UPDF refile from the suspects is a huge success for security.