TWO men were being questioned today over a terrifying armed raid which resulted in the theft of more than €1 million.
A worker was approached by the men - who were armed with a suspected firearm and hammer - as he attempted to lodge the money at a bank safe in Tallaght last night.
The men threatened the victim who handed over the money bag - which contained more than €1 million worth of cheques and other financial documents.
They fled the scene by vehicle and gardai were immediately alerted.
A major manhunt was launched and officers discovered the men in the Tallaght area a short while later.
The men, who are in their twenties and known to gardai, were detained and brought to separate garda stations.
A search of the vehicle found the bag and cheques and documents, as well as the hammer used to threaten the work at the bank safe.
The suspected firearm used during the raid - which happened at Ulster Bank on Main Street - has not been recovered.
The worker is understood to have been employed by a courier company which was tasked with lodging the money on behalf of a number of businesses.
While no cash was involved in the raid, sources said the arrests were "very significant" given the scale of money involved.
"This was a highly distressing ordeal for the worker involved," a source said.
The men were being questioned at Tallaght and Rathfarnham garda stations today.