The owner of the shop was about to pull down the shutters of the shop located beside main road in Karkala, when a gang which came in a car threatened him and looted the shop.
Shop owner immediately informed police who plunged into action and started checking vehicles at the bypass. Later the Hiriadka police managed to intercept the car and arrest one of the accused. Other four accused managed to escape.
The arrested has been identified as Madhukar Acharya.
Police also recovered one kg gold and the car used for the crime.
It is suspected that the robbers seem to have kept track of the owner's daily routine of closing the shop and executed the plan accordingly.
A case has been registered with Karkala police.
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