At around 5.30am, a van driver, who was making deliveries in the area, was approached by two men, one armed with a suspected firearm.
The driver was threatened by the men who then removed two bags from the rear of the van.
The driver was not injured as a result of this incident and the two men left the area in a black coloured car in the direction of Sydenham.
Both men wore black coats with scarves covering their faces.
Detective Sergeant Dolores Black is appealing for anyone who witnessed the incident or who has any information to contact CID in Musgrave on 101. Information can also be passed anonymously through Crimestoppers on 0800 555 111.