Keith Galea, 30 of Sta Venera, this afternoon pleaded not guilty to stealing more than €20,000 in cash of different currencies from a Fexco exchange bureau in Paceville during a daring hold-up last Sunday morning.
He also pleaded not guilty to holding Josef Aquilina against his will, being in possession of a weapon without a licence, firing a weapon in an inhabited area, stealing a car and relapsing.
Mr Galea was remanded in custody.
Four armed and hooded men took part in the daring robbery shortly after the exchange opposite Bay Street opened at 9 a.m.
One of the robbers tied up the salesman after he was handed the cash. Two shots were fired at a show-window to discourage clients from entering. No one was injured.
Some cash was left in the road as the robbers made their getaway in a waiting car.
The car was found by the police in the Swieqi-San Ġwann area soon after the incident.