One man has been arrested following the $65 million armed robbery at a London Bond Street jewelry store, one of the most daring jewelry heists in British history.

British police said the 50-year-old man was arrested outside a home in East London on Monday and has since been released on bail.

A spokesman at Scotland Yard said investigators are examining several new lines of inquiry after CCTV images of two robbers at the Mayfair shop were released.

Scotland Yard says the suspect who was arrested is not one of the two well-dressed men shown widely in the CCTV footage released by authorities Tuesday. Police say those two men are still at large and that there are at least four suspects.

The men stole dozens of high-end rings, bracelets, necklaces and watches worth and fired two gunshots into the ground as they escaped in a series of getaway cars. No one was hurt.

Last week's theft was among the biggest in British history.

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The Associated Press contributed to this report.