Police on Saturday reported that five fishermen were robbed of their valuables by two known perpetrators armed with a gun and a knife.
The incident occurred in the wee hours of Saturday while the fishermen were discharging their boat at the Goed Fortuin Koker, West Bank Demerara.
Police said the five men, ages 61, 59, 55, 47, and 44 reported that as they were unloading their boat, the two perpetrators approached and held them at gunpoint.
They relieved them of $303,000 in cash and two cell phones.
The matter was reported and police are conducting investigations.