Ismael Habesh, a 38-year-old Libyan has been charged in court with the hold-ups in Swieqi and Qawra early last Sunday.
He pleaded not guilty and was remanded in custody.
The police also accused him of stealing a silver Toyota Land Cruiser which was used in the hold-ups in Swieqi. It was later found in Mosta.
Informed sources said the police are looking for another two people in connection with the hold-ups.
Mr Habesh was also accused of illegal possession of a weapon and being a relapser.
The stolen items were found by the police in a street in Bugibba.