A G4S driver allegedly stole around £1 million in coins from his van as he abandoned the automobile on a London avenue this week.

The protection defends reportedly fled with 40 deposit packing containers after leaving the cash-in-transit van on a leafy south London road on Tuesday morning.

The blue armored van, protected with G4S emblems, sat on a double yellow line on Larkhall Rise, Clapham, for eight hours before the police have been alerted, it turned into pronounced.

A nearby resident suspicious that the van became parked up in a residential place had appeared inner and visible “strips of paper with ‘mum,’ ‘dad’ and get in touch with numbers” and grew involved that someone was harmed, the Sun reported.

The Metropolitan Police’s elite Flying Squad unit launched research and a 36-12 months-old man was arrested on suspicion of robbery in neighboring Brixton on Wednesday afternoon.

A number of coins become recovered and G4S, a major government contractor, stated there was no “cloth” financial effect from the incident.

A Scotland Yard spokeswoman stated: “Police had been called at approximately 7 pm on Tuesday, 23 April to reviews of a theft of cash deposit boxes from a coins-in-transit vehicle.

“Officers attended a location inside the Larkhall Rise region of Clapham in which the car became parked. There was no sign of compelled access to the car.

“A research became released by the Met’s Flying Squad and a 36-yr-antique guy became arrested by way of officials on suspicion of theft at approximately 3 pm on Wednesday, 24 April in SW2.

“He has been taken to a south London police station. An amount of coins has been recovered.”

Police stated inquiries have been continuing into the incident.

A G4S spokeswoman said: “These incidents are extraordinarily rare in our UK Cash business and we’re running closely with the Metropolitan Police to solve the matter. The financial impact isn’t material.”

It comes as the safety company is reviewing gives for a capability sale of its armored van division after reporting a 55pc plunge incomplete 12 months profits.

A variety of private equity companies and public corporations have shown hobby within the asset, despite the fact that G4S warned last month a sale become now not assured.

The FTSE 250 business enterprise added that it may nonetheless spin the delivery unit off in a demerger, partial separation or public listing.