Police said yesterday they arrested a 31-year-old man suspected of going on a two-year spree of armed robberies which had netted him more than 64,000 euros.

The man, accused of 10 holdups over the last two years, is believed to have operated mainly in the southeastern suburbs of Athens, targeting post offices, OTE telecom offices and supermarkets.

Police nabbed the man early on Thursday after he had just raided the offices of the Athens Water and Sewerage Company (EYDAP) in Glyfada.

The EYDAP security guard chased the man as he was trying to escape with the 26,000-euro haul.

The man was carrying a fake gun and an anaesthetic spray, police said.

Authorities were continuing investigations to determine whether the suspect has been involved in other crimes.