The man was arrested in Hoppers Crossing today and has since been charged with aggravated home invasion, false imprisonment, common law assault and theft.
The charges relate to an alleged aggravated burglary that occurred at a home on Beckett Road in Donvale on June 29 last year.
During that incident, a 65-year-old woman and a 67-year-old man were allegedly assaulted, threatened at knifepoint and tied up during the burglary.
Police allege multiple high-end jewellery and watches were stolen including an Omega Seamaster Dynamic watch.
Detectives believe a number of other people were involved in the incident and said the investigation remains ongoing.
The 23-year-old will appear at Melbourne Magistrates’ Court later today.
