In a 5 May press conference, Minister of National Security
Dean Barrow confirmed the already-held suspicion that the bandits had come from Guatemala (noting they had likely received local aid), confirmed cooperation by Guatemalan authorities, and promised "beefing up patrols" on all major highways by both BPD and BDF. Barrow further speculated the robbers may have been Guatemalan military or ex-military, possibly "turning to crime and violence" in an effort to make up for lost income due to recent downsizing of Guatemala's armed forces ("a result of the signing of the
peace process"). He later added the heist could have been retaliation for recent deportations from Belmopan. Police were criticised for taking "nearly an hour" to reach the scene, but Acting Commissioner of Police Lester Garnet noted a report was not received in Belmopan "until shortly after ten o’clock on Saturday morning". The bandits' ability "to boldly ride halfway across the nation in broad daylight without official hindrance" was also criticised, though Barrow noted police had had "hardly enough time [...] to set up any effective roadblocks along the way", adding "our borders are porous [...] it’s a matter of impracticability to seal the
border". On 3 May, Scott Coleman (44; cabbie who had driven the seven robbers from
Benque, Cayo to Las Flores, Belmopan, shortly after 7:00 am on 2 May) was detained for interrogation, though family noted Coleman had merely been doing his job. Coleman was released with no charges on 7 May. On 10 May, police detained Carlos Cervantes Castro (39; Salvadoran refugee) and Jose Pastor Leiva (69; Salvadoran refugee) on suspicion of
aiding and abetting, after finding alleged heist proceeds (118 jewellery pieces; circa $9,000 to $10,000 cash) in their homes. Both were later found to have "had nothing to do with the crime". On 15 May, police revealed they had five known suspects, three of whom were believed to be in Guatemala, and two Guatemalan nationals who had been arrested on 13–14 May in Stann Creek: Alfonso Teul (46) and Eluterio Vasquez (24). But their colleagues and supervisor promptly provided an "airtight alibi", alleging both Teul and Vasquez had been at work all morning (at an HTA Bowman orange walk at Mile 13 on Stann Creek Valley Road) on 2 May. Police alleged their evidence "point[ed] conclusively to the suspects’ [Teul's and Vasquez's] direct involvement in the crime". On 18 May, both were charged with murder, conspiracy to commit murder, and robbery, and remanded to
Hattieville. On 27 May, a third suspect (Orlando Urbina; 31 year old Salvadoran) was arrested and charged for the heist, allegedly because his 9 mm handgun and two bandanas forensically matched those used in the heist. By the end of May, 30 other individuals (including 14 refugees) had been arrested for the heist, all eventually released without charges. On 30 December,
DPP Adolph Lucas dropped the charges against all three suspects. By 2000, no further arrests had been made, with police noting they were "no closer to solving the case" then. The case remained
cold by 2016. Police were further criticised for "ineptitude and
brutality" in their handling of this case. Coleman's family noted police had provided no information on his health nor welfare (not even his whereabouts) during his detention, despite their many entreaties. Criticism was "compounded by mass
roundups in the
Hispanic suburbs of Belmopan" on 10 May, and the arrests of Teul and Vasquez "despite the solid testimony of Belizean co-workers and supervisors who swear they were picking oranges at the time of the crime". By 19 May, "no less than a dozen witnesses" had come forward to support Teul's and Vasquez's alibi, while a
JP who had witnessed their
identification parade revealed "three out of the four witnesses failed to identify Vasquez as being on the scene". Even more witnesses backed their alibi on 20 May. When the issue came up in
Parliament on 22 May, Barrow defended the arrests, noting the evidence was "so strong that the idea of withdrawing the charges at this time is totally out of the question". When the DPP dropped the charges on 30 December,
News 5 noted the case against Teul, Vasquez, and Urbina "appeared from the beginning to rest more on wishful thinking than on evidence". BDT (
Caye Caulker charity) labelled this case an instance of police torture.
US State noted some detainees were held beyond the 72-hour limit without access to legal counsel, some were released but immediately detained again, and at least one detainee accused police of torture and abuse in an attempt to compel a confession. The ease with which the heist was pulled off gave rise to fears of copycats, despite Barrow's assurances that there was "small chance" of that. On 17 July 1999, at least three masked men in fatigues, armed with a rifle and
pump action shotguns, held up and robbed at least eight vehicles on Hummingbird (including a heist victim), this time sans casualties. == Legacy ==