According to the Ministry of Education the two boys missing from Kamares state primary school have been found safe and healthy.
The announcement made on local Cypriot TV Station Sigma was made just minutes ago.
After an anonymous tip off police were able to find the boys at a nearby apartment block and arrest a 35yr old man believed to be Cypriot according to local press reports.
Justice Minister Ionas Nicolaou said that the man was not known to the police. He said a possible motive may have been ransom.
Further details to follow.