NEWS10 ABC: Albany, New York News, Weather, SportsTwo men arrested for multiple robberies

Two men arrested for multiple robberies

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Ryan Braender Ryan Braender
Robert Costello Robert Costello

NISKAYUNA, NY - Police in two local counties say they have the men responsible for some jewelry thefts and a bank robbery.

The M&T Bank in Niskayuna was robbed on Thursday morning. Police say a man entered the bank and demanded money. Police arrested Robert Costello, 30, of Watervliet in connection with this robbery. He was arraigned on charges of Robbery in the Second Degree and Grand Larceny in the Fourth Degree. He was remanded to the custody of the Schenectady County Sheriff's department with  no bail.

Police believe he had an accomplice, Ryan Braender.

Braender, 29, of Amsterdam, is currently being held in Montgomery County Jail. He is charged with Robbery in the Second Degree and Grand Larceny in the Fourth Degree for his involvement in the M&T Bank Robbery. He is also facing Grand Larceny charges in the City of Amsterdam and Robbery/Grand Larceny charges in the Town of Amsterdam. Both incidents involve the theft of jewelry and jewelry stores.

However the bank robbery is not the only alleged crime police believe Costello and Braender committed. They say there are at least two others.

Police believe Costello and Braender were involved in the robbery of Segel's Jewelers in Amsterdam and the robbery of another jewelry store inside an Amsterdam mall.

Law enforcement from across the Capital Region pulled their resources and cornered the two men in the basement of a Schenectady home. Police believe the two men might be responsible for other thefts in the area.

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