Three people arrested in connection with a gunpoint robbery at a Suffolk jeweller’s which netted watches valued at more than £100,000 will face no further action.

The trio were detained three days after the armed raid at Preston and Duckworth’s in Cornhill, Bury St Edmunds, at around 4.50pm on November 4.

Aged 23, 24 and 31 at the time, the suspects were interviewed by detectives at the town’s police investigation centre, before being released on bail.

They answered their bail earlier this week, but were told they will not be charged.

A Suffolk Constabulary spokeswoman said: “The men will face no further action. Inquiries are continuing into the robbery.”

Two robbers made off with more than 20 watches, understood to include the expensive Breitling brand.

The men threatened staff and customers with what was described as a black handgun, before leaving the shop with their haul.

One of the men ran in front of a car in Whiting Street at approximately 5pm.

The other raider ran past a group of people who were also in Whiting Street.

After the raid a member of staff at Preston and Duckworth, who asked not to be named, said: “Everybody is okay and we are open for business.”

One of the robbers was described as being about 6ft tall with a tanned complexion, of stocky build and with a black beard, wearing a dark woollen or beanie hat and dark clothing.

The other was white, about 6ft tall, 30 to 40 years old, of stocky build and wearing a black baseball cap, black trousers with a white line down them, and a dark waterproof jacket with a hood.

Shortly after the robbery Mayor of St Edmundsbury, Robert Everitt, said: “We live in a very safe place, and in Bury St Edmunds in particular it’s disappointing we have these rare occurrences in Bury town centre.”

In 2012, five armed robbers were jailed for a raid at Thurlow Champness jeweller’s in Abbeygate Street, Bury St Edmunds.

Anyone with information about the robbery at Preston and Duckworth should telephone Bury St Edmunds CID on 101 quoting BU/14/3256 or Crimestoppers anonymously on 0800 555 111.