CORAL GABLES, Fla. -

A man is accused of stealing $2 million worth of gold during an armed robbery.

Raonel Valdez-Valhuerdis, 34, was arrested on Monday. He is charged with robbery with a firearm, grand theft over $100,000, and battery.

According to Coral Gables Police, Valdez-Valhuerdis and two other men robbed the victim outside his apartment building in the 400 block of Valencia Avenue on October 12.

Police said Valdez-Valhuerdis put a gun in the victim's face and yelled, "We're here for the gold!" Valdez-Valhuerdis then hit the victim and shoved him against the back wall of an elevator while the other two men took two pieces of rolling luggage, said police.

Inside the luggage was about 110 pounds of gold worth $2 million. The victim works as a courier for a gold mining company in Bolivia.

Police said Valdez-Valhuerdis is on supervised house arrest and wears a GPS bracelet on his ankle, which showed him in the area at the time of the robbery.

In exchange for the return of the stolen gold, the owner of the gold is offering a reward of $15,000. Anyone with information is asked to call Crimestoppers at 305-471-TIPS.