UPDATE 7:09AM | A man has been charged, after two tow truck drivers were allegedly threatened with a firearm in Varsity Lakes.
A 49-year-old man from Varsity Lakes has been charged with extortion with intent to gain benefit with threat of detriment.
He is due to appear in Southport Magistrates Court on Friday.
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EARLIER 6:22AM | Two tow truck drivers have been threatened by a man with a firearm while trying to take away a car in Varsity Lakes overnight.
The towies arrived at a unit complex on Varsity Parade just before 10:00PM on Thursday night to remove an illegally parked vehicle.
But just as they started work, they were confronted by two men, one armed with a firearm.
The men demanded that the operators leave the vehicle alone and threatened them repeatedly with the firearm.
The tow truck drivers, a 29-year-old and a 21-year-old man, managed to escape.
Police were called to the unit block and found two men trying to remove a wheel clamp from the car.
The men were arrested, and search of the car located three replica firearms.
Investigations are ongoing.