A 24-year-old Swede residing in Sliema was held up in Paceville by three men armed with a knife this morning and requested to retrieve not more than €200 from an ATM.

The police said they were informed of the incident, which allegedly took place at around 4 a.m., at 11.30 a.m.

The Swede said he was near St Rita Steps in Paceville when he was approached by the three men.

An inquiry is being held.

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