Officers are appealing for witnesses after jewellery was stolen from a local jewellers in Market Harborough.
A local report from the Harborough Mail has named the shop as high street business County Jewellers.
According to Leicestershire police, the robbery happened shortly before 1.30am yesterday (1 September) at the premises.
It was reported that three suspects arrived at the scene on two motorbikes and used tools, including an axe, to gain entry into the jewellers.
Once they broke into the premises, the thieves grabbed items from several display cabinets before fleeing the scene on the motorbikes.
Officers attended the scene, and one of the bikes was later spotted and stopped by officers in Northamptonshire heading towards Corby.
A 44-year-old man from Northamptonshire was arrested on suspicion of aggravated burglary, dangerous driving, failing to stop for police and driving under the influence of drugs. He has since been released on bail.
The second motorbike has not yet been located.
Detective Constable Robin Bonnell, investigating officer in the case, said: “Although we do not yet have a comprehensive list of what was taken it is believed that a number of watches and necklaces were stolen.
“Our enquiries into what happened and who was responsible are continuing and we would like to appeal for anyone who was in the area and saw or heard anything suspicious to get in touch.”
He added: “We would especially like to appeal for any dashcam footage and believe there was a car that stopped as the suspects left the scene.
“The occupants of this vehicle may have vital information to assist with the investigation. If anyone has any information and has not yet spoken to officers please get in touch.”