A man has been arrested during an alleged armed robbery in Haymarket this morning.

About 12.20am (Saturday 18 June 2016), police were alerted to a man, in possession of a knife, being seen in the Haymarket area

He was seen to enter a convenience store on Castlereagh Street.

Officers from Sydney City entered the premises and will allege they saw the man behind the counter holding a knife toward the shop attendant who was gathering money from the till.

Officers moved in and arrested the 21-year-old man.

He was taken to Sydney City Police Station where he is currently being questioned.

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