Police have called a news conference over "a development" in the theft of military medals stolen from the Waiouru Army Museum.
The press conference will be held at Palmerston North later this afternoon.
Police National Headquarters spokesman Jon Neilson told NZPA there had been a "development."
The 96medals - including nine Victoria Crosses - were stolen from the museum in the early hours of December 2.
A $300,000 reward - the largest in New Zealand - was offered by British medal collector Lord Michael Ashcroft and an anonymous New Zealand businessman.
The reward was three times the highest previous reward offered by police.
The Victoria Cross medals taken in the heist, included those of World War 2 soldier Captain Charles Upham, the only man to ever win two VCs.
The medals are considered to be worth several millions of dollars. Victoria Crosses are valued at about $500,000. Two rare George Crosses, an Albert Medal and a Distinguished Conduct Medal were among the others taken.
