The assailant of the Bank of Georgia proves to be Shalva Melikishvili (DOB 1972).
TV Pirveli reports that Melikishvili hails from Telavi and was involved in business activities years ago.
LEOs arrested the bank of Georgia assailant around two hours ago.
Earlier, hostages left the bank building, with one of them falling sick.
A gunman broke into a Kvareli branch of Bank of Georgia at around 15:30 today.
The MIA of Georgia has issued a statement saying that all measures are being taken to tackle the issue.