A man taken into custody who was believed to be the second half of the so-called "Market Duo" robbery team was released and now authorities are searching for a suspect who managed to escape a police perimeter.
Following a police pursuit Thursday night, one suspect was shot and arrested. A second man fled the scene on foot.
After setting up a perimeter, a man was taken into custody; however, it was "later determined that the man had no involvement with the incident," Deputy Benjamin Grubb told City News Service.
So now the search is back on for that second suspect.
The incident started about 2:15 p.m. Thursday when two men -- believed to be the serial robbers known as the "Market Duo" -- allegedly held up a Wells Fargo branch at 1111 Imperial Highway in Placentia.
A freeway pursuit ensued, at times reaching 100 mph. The chase ended in Paramount when the suspects' vehicle hit a curb in the 8000 block of Denbo Street.
After exiting the vehicle, 27-year-old Paul Acosta of Los Angeles allegedly pulled out a replica weapon, Placentia Detective Corinne Loomis said.
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"A Los Angeles County Sheriff deputy shot him. Anaheim had a canine there who bit him when he did not comply," Loomis said.
Acosta was hospitalized with non-life-threatening wounds, Loomis said. He is expected to be booked on suspicion of bank robbery.
Wells Fargo is offering a $10,000 reward for information leading to the identification and conviction of the second suspected robber, Loomis said.
The "Market Duo" bandits earned the nickname because they allegedly targeted bank branches in grocery stores, according to authorities. The alleged robbers are believed to have held up the same 1111 Imperial Highway branch on Nov. 21, FBI spokeswoman Laura Eimiller said.
The alleged bandits are also suspected of robbing a U.S. Bank branch at 2101 W. Imperial Highway in La Habra on Oct. 25 and another U.S. Bank branch at 1101 Pacific Coast Highway in Seal Beach on Nov. 3, said FBI Special Agent Chris Gicking.
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