State police have arrested a 38-year-old Groton man who is suspected of robbing a bank in Old Lyme on Wednesday.
State police identified Herman E. "Butchie" Smith, of George Avenue in Groton, as the man who robbed the Webster Bank at 7 Halls Road just before noon on Wednesday and fled on a bicycle after putting money in a satchel.
Soon after the robbery, police released surveillance video of a man wearing a blue-and-white UConn cap, a white T-shirt with dark-colored sleeves, khaki shorts and white sneakers and said they were looking for him in connection with the robbery.
The Connecticut Bankers Reward Association also offered a reward of up to $1,000 for information leading to his arrest.
Police obtained a warrant for Smith on Wednesday after he was identified as a suspect.
On Thursday, state police from Troop F and the major crime squad, as well as Mashantucket Pequot Tribal Police Department, took him into custody at his home.
Smith has been charged with second-degree robbery and second-degree larceny. Bond was set at $500,000 and he is due in New London Superior Court on Sept. 25.