A Redmond Police Lieutenant is being lodged in the Coos County Jail today after his arrest yesterday. According to a Redmond Police Department news release, Lt. Larry Wayne Prince, 48, is accused of personally selling items in the Redmond Police Department firearms and armory inventory while he was in charge of the program. He was arrested yesterday in Coos Bay and had been on paid administrative leave since December 30th. Redmond Police Chief Dave Tarbet requested the criminal investigation after a recent inventory audit turned up irregularities; possible missing funds, firearms and accessories. He was in charge of the program for 10 years. He joined Redmond Police in 1994. Chief Tarbet says he's deeply disappointed over the circumstances surrounding Prince's arrest and says they've already made changes to make sure this will not happen in the future.