Police say they have arrested a man suspected in a robbery at a Yonkers bank Wednesday morning.

Police say 49-year-old David Figueroa was recognized by a teller who identified the suspect as a former customer of Webster Bank on Central Park Avenue. In their search for Figueroa, cops determined that he lived 50 miles from Yonkers in Beacon, New York.Figueroa turned himself into police in Beacon. Police say the $40,000 he is alleged to have taken from the bank was recovered.

According to authorities, Figueroa entered Webster Bank at about 10:30 a.m. Tellers at the bank told police that Figueroa allegedly alluded to being armed, but never brandished a weapon.

Police say that after taking the money, Figueroa ran from the bank into a wooded area. Police with bulletproof vests, helmets, assault rifles and K-9 units were seen scouring the area. A helicopter was also sent up to assist in the search before police turned their focus to Beacon.

Figueroa is being held in Yonkers City Jail on first-degree robbery charges. He is scheduled to be arraigned Thursday in Yonkers City Court.

To watch Yonkers police hunting for the suspect in the armed bank robbery, go to Channel 612 on your iO digital cable box and select iO Extra.