Police in Boulder have arrested a man accused of burglarizing and extorting a business in Boulder, and now investigators are hoping to track down a second suspect believed to have assisted in the crime.

The Boulder Police Department says the alleged crime happened Friday at a business in the 1600 block of Canyon Boulevard.

The victims told police that they were handcuffed, assaulted and threatened by a man demanding money.

The suspect, later identified as Daniel Shea, had a previous relationship with victims, police said.

He was taken into custody outside a home in Lyons early Sunday morning with help from the Boulder County SWAT Team.

Detectives located numerous “items of evidence” after searching the residence where Shea was arrested.

Shea was booked into Boulder County Jail and faces charges for first-degree burglary, criminal extortion, impersonating an officer, felony menacing, second-degree kidnapping, false imprisonment and assault.

Police say they are working to identify a second suspect who aided Shea in the crime.

That suspect is described as a white man that’s 5’6’’ tall and 180 pounds, with dark hair. Police believe he’s in his late 20s or early 30s.