A little after midnight, 7 masked men broke into the home of Vardan Vardoumyan in the village of Arshaluys, in Armavir Marz.

The thieves proceeded to tie up Mr. Vardoumyan, his wife and three kids in their beds where they had been asleep. Initial reports say that family members were also beaten.

The masked marauders took $1,800, 1,150 Euros and approximately 3.5 million AMD in gold and silver jewellery before making their escape.