A Spanish man has been held captive and threatened with a screwdriver by two men.
Police are appealing for information after the victim was assaulted and robbed at a flat in north Belfast in the early hours of yesterday morning.
A PSNI spokesman last night said a 46-year-old man had been arrested and was helping police with their inquiries into the robbery.
It is understood that the victim had been socialising in Belfast city centre on Monday night.
The PSNI spokesman said he then shared a taxi from the City Hall with a man who he described as having a local accent. This taxi dropped both men off in the area of Carlisle Parade in north Belfast.
The spokesman continued: “The unknown passenger invited the tourist to a nearby flat to arrange a second taxi to take the Spanish man on to his accommodation in west Belfast.
“Once inside the flat another male then threatened the victim with a kitchen knife, a screwdriver and a fork demanding his wallet. The victim was then assaulted and forced to handover a credit card PIN number.
“One of the men continued to detain the victim while his accomplice used the man's bank cards to withdraw cash from a nearby ATM. The man was able to run from the premises and flag down a passing taxi at Carrick Hill before reporting the incident to police at Grosvenor Road.”
Detectives investigating the incident are keen to speak to the first taxi driver who transported the victim and a local male passenger from the City Hall area to Carrick Hill shortly after 3am yesterday.
Anyone with information is asked to contact police on 0845 600 8000.