The thieves made off with some ten million kroner ($1.7 million) in the cash-in-transit heist last October, almost half of which has now been recovered, newspaper Romerikes Blad reports.
Four investigators from the Romerike police district recently accompanied one of the men charged in connection with the robbery to a remote part of a forest in Østfold County.
There he showed the officers where the cash was hidden. Divided up in small plastic bags, tin foil, compost bags, and plastic buckets, the loot had all been put into a black bin bag and buried in the woods.
“Our aim has always been to find the money,” prosecutor Bjørn Erik Pettersen told the newspaper.
“We know from previous robberies that the loot is often reinvested in new criminality, which is why the hunt for the money has been important.”
Police have long known that much of the cash in the Skedsmo raid remained unspent but did not know where it had been stashed.
“We also know that parts of the booty have been invested or used up,” said Pettersen.
Seven people have so far been charged in the case. Alongside the four suspected robbers, a further accomplice and two of the Nokas security guards travelling in the cash transport van have also been indicted.
Several of the suspects have admitted to involvement in the raid.