Police have arrested a 29-year-old Las Vegas man in a brazen armed robbery of $1.5 million in casino chips from the posh Bellagio resort on the Las Vegas Strip.

Anthony M. Carleo was being held Thursday at the Clark County jail pending a Friday court appearance on felony armed robbery and burglary charges.

Las Vegas police say Carleo was the motorcycle-helmeted robber who waved a gun, grabbed high-value casino chips and made off on a motorcycle before dawn Dec. 14. No shots were fired and no one was hurt. Police said then that they thought the same man robbed the Suncoast casino in northwest Las Vegas early Dec. 8.

But stealing $1.5 million in chips isn't like stealing $1.5 million, experts and police pointed out at the time. Chips are unique to casino properties and are generally not interchangeable, although state regulations let casino companies redeem sister properties' chips with some restrictions.