Chatham armed robbers

Authorities say these men robbed a jewelry store in Chatham Borough on July 28, 2016.

(Morris County Prosecutor's Office)

CHATHAM -- Two men have been accused of robbing Crescent Jewelers at gunpoint last month and stealing more than $75,000 in cash and jewelry, authorities said.

Michael Reed, 46, of Newark, and Raiys Grimes, 35, of West Orange, are facing charges of robbery, possession of a weapon for an unlawful purpose, unlawful possession of a weapon, theft, burglary, criminal restraint and aggravated assault for pointing a firearm, Morris County Prosecutor Fredric M. Knapp and Chatham Borough Police Chief Philip J. Crosson, Jr. said in a news release. The duo is also accused of conspiracy to commit robbery, theft, burglary and criminal restraint.

Reed and Grimes allegedly produced a handgun during the robbery at 251 Main Street shortly before 11 a.m. on July 28 and physically restrained a store employee. The men then exited the store and entered a silver or gray Jeep driven by a third man, authorities have said.

The prosecutor's office has not yet released more information on the getaway driver except to say he was described as being bald and having a beard.

During the course of the investigation, investigators recovered various proceeds from the robbery as well as the handgun allegedly used during the robbery, Knapp and Crosson said.

Reed, who was also charged with certain persons not to have weapons, was remanded to the county jail on $250,000 with no 10-percent option. Grimes remains a fugitive and is currently being sought by law enforcement.

Anyone with information about this robbery can call the Chatham Borough Police Department at 973-635-8000, the Morris County Prosecutor's Office Major Crimes Unit at 973-285-6200, or Morris County Sheriff's CrimeStoppers at 973-267-2255. Callers may remain anonymous.

Justin Zaremba may be reached at jzaremba@njadvancemedia.com. Follow him on Twitter @JustinZarembaNJ. Find NJ.com on Facebook.