Police in London said they arrested two men who allegedly robbed a diplomat of 2 million pounds ($3.2 million) destined for the Dubai royal family

Police in London said they arrested two men who allegedly robbed a diplomat of 2 million pounds ($3.2 million) destined for the Dubai royal family Wednesday.

Police recovered suitcases stuffed with cash blocks away from the bank where the diplomat had just withdrawn the cash, The Sun reported. A third man escaped.

The robbery occurred at about 4 p.m. in the posh Knightsbridge neighborhood. The diplomat told police he was headed to a chauffeured car when three masked men surrounded him and one held a gun to his head.

"Give me the money, or I'll blow your brains out," he said he was told.

Armed officers from the Police Diplomatic Protection Service arrested two suspects almost immediately. The suspects were identified as Jonathan Hayes, 36, and Trevor Mair, 45, both unemployed and from suburbs south of London, The Independent said.

They were remanded in custody pending a hearing in September.

Royals from Dubai and other Arab emirates often spend the summer in London.

"This was a huge sum of cash but only a bit of spending money for the man who wanted it collected," a source told the Sun. "It is protocol that cash is withdrawn in advance for a proposed trip by Arab royalty and someone obviously cottoned on to that."

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