A Redmond Police lieutenant has been arrested for allegedly selling guns out of the police department's inventory. Larry Prince, 48, was arrested in Coos Bay. He had been on paid administrative leave since December 30th. Redmond Police Chief Dave Tarbet requested a criminal investigation after an audit turned up some red flags such as possible missing funds, firearms and accessories: "Well given the circumstances surrounding the arrest, I wanted the community to know that this certainly affects us all and I know there are some citizens out there who are very disappointed and saddened and we feel the same way here on the inside as well. However, we are the type of agency that we will hold our own accountable and take appropriate steps to ensure that an investigation is conducted when and if criminal behavior or crminal indicators are present."Lt. Prince was in charge of the firearms inventory for about 10 years. He came to the Redmond Police Department in 1994. He charged with official misconduct, theft and forgery all in the first degree.