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Mr Gerhard said the arrest on 24 November was not the result of something that happened the day before. It was one result, he said, of a long term investigation that had sought out those behind the phishing attack that caught out a "few thousand" Runescape players.

The biggest audience for buy runescape is in the US and UK and Mr Gerhard said it was working with forces in both nations to track down the virtual thieves. He predicted that there would be more arrests as Jagex knew the handful of people behind the crimes and where they were based.

Laundering cash

Trade in buy runescapegame gold is against the terms and conditions of the game and Jagex has made many changes to its underlying code to stamp out gold farming in which players repeat activities that generate lots of virtual cash or valuable items.

Mr Gerhard said its efforts to tackle gold-farming may have forced the thieves to try a different approach.