Two teenagers from Kangaroo Flat have been arrested and charged following an aggravated burglary in South Yarra.
Police allege four teenagers entered a store on Chapel Street on Monday and stole a purse with a large quantity of cash.
Members of the Central Victoria Response Unit executed search warrants on Thursday at two addresses in Kangaroo Flat.
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As a result, a 17-year-old boy and a 14-year-old boy have been arrested and charged.
Investigations are ongoing to locate two others involved, and anyone with information is urged to contact Crime Stoppers.