State prosecutors allege the accused is linked to two other cases in KZN.
The 29-year-old suspect, who is a biochemist and businessman was arrested on Wednesday evening in connection with the Durban North resident’s murder.
The victim’s wife was assaulted during the hijacking which occurred near Pebble Beach.
The three suspects used a rusted bush knife in the robbery which took place just after the KwaMashu on-ramp going towards uMhlanga.
The suspects also made off with the homeowner’s vehicle in the armed robbery.
The two suspects are still at large.
A 29-year-old suspect who is believed to be involved in the disappearance of Siam Lee was arrested on Wednesday evening.
A pistol was also recovered by police following the arrest.
Be careful how you change lanes when trying to avoid rock throwers.
Durban North SAPS are still looking for the suspect who is yet to be apprehended.
The incident occurred on Palm Boulevard on Tuesday night.