UPDATE: 8.15pm - Search warrants have been executed at four different properties in the Sanctuary Point area.
This follows five people have been arrested following a major police operation at Bomaderry railway station on Tuesday evening.
Heavily armed State Crime Command and local police officers converged on the station around 6.30pm arresting four men and one woman.
At the same time police also activated search warrants in the Bay and Basin area.
The arrests are related to property theft and it is believed may be linked to the ram raids, including the theft of an ATM and safe from two service stations south of Nowra in April.
Just after 3am on April 10, a white-coloured late-model Toyota Hilux dual cab was used to ram the Log Cabin service station on the Princes Highway in Falls Creek.
The property was seriously damaged and a large safe containing cash was missing, as were a number of cartons of cigarettes.
Four days later – shortly after 5am on Monday, April 14 - police were called to the Shell service station on the Princes Highway in Wandandian after reports of a ram-raid robbery.
Police were told two or three men in a white Toyota Hilux ute had reversed through the front door of the service station, using chains and a sledgehammer to dislodge an in-store ATM and hoist it onto the rear of the ute.
Earlier this month police released CCTV footage of a vehicle believed to be used in the robberies.
The five people arrested are in custody at Nowra Police Station, they have been refused bail.
They will appear in Nowra Local Court on Wednesday.