Police are still searching for three handguns, after five were stolen from a home in Thirroul last week.
Three men have already been charged following the theft of the guns, stolen from a home in Surfers Parade last Friday (November 24).
Police are now working to find a fourth man, also believed to be involved in the incident.
The Police set up Strike Force Lynrob to investigate the theft and distribution of the firearms. Then around 2am yesterday (Thursday morning), officers from the Lake Illawarra command stopped a taxi on Shellharbour Rd at Warrawong and found a backpack containing one of the stolen guns.
Police then arrested and charged two men.
A second handgun was recovered when a search warrant was executed at Warilla.
A 33 year old Warilla man has been charged with nine offences including use and supply of a firearm, dealing with the proceeds of crime and goods in custody. He also has an outstanding warrant.
A 51 year old Warrawong man has also been charged over the incident.
Both men have been refused bail and will face Wollongong Court today (Friday December 1)
A 27 year old Mt Warrigal man is already before the courts charged with 15 offences relating the the theft and distribution of the handguns. He remains in custody and will face court at the end of next month.
Police are working to find a fourth man believed to be involved and enquiries are continuing as they work to find the three missing guns.