Madives Police Service, on Friday, confirmed that a 42-year-old local male was arrested over the robbery which took place at the guesthouse, 'Fariva Stay' in capital Male'.
Police revealed that the court had remanded him for a period of 15 days as authorities continued probing the case.
According to the police, three individuals pretending to be police intelligence officers bound three staff members with plastic cable ties before looting the place, on Wednesday morning.
Although police revealed no further details about the incident or perpetrators, they assured that the matter was currently under investigation.