An alleged bank robber in Colorado apparently wanted to spread some Christmas joy before he was arrested Monday.

Witnesses say they saw a man throw money from a bag onto a street in Colorado Springs while yelling “Merry Christmas”, KKTV reported.

The bizarre incident happened moments after a branch of Academy Bank near the intersection of East Pikes Peak Avenue and South Tejon Street was robbed around 12:30 p.m., police said in an incident report.

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They described the robber – later identified as 65-year-old David Wayne Oliver – as an “older white male” who threatened to use a weapon and left the bank with an “undisclosed amount of cash.”

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Police found the suspect sitting in front of a coffee shop and arrested him without incident.

Bystanders collected the money and returned it to the bank, according to the station.