FORT COLLINS, Colo. (AP) — A Colorado man working for an armored truck company is accused of stealing about $220,000 while on the job.

The Fort Collins Coloradoan reports 23-year-old Travis Binder was arrested last week on a felony theft charge after a branch manager for armored car company Loomis in Fort Collins reported the theft to authorities.

According to arrest documents, Binder told Larimer County deputies that he made a "spontaneous" decision to take the money. He was in possession of the bag of money in mid-April while loading a truck before making deliveries.

Authorities say Binder had hidden the money in his backyard and the company recovered most of it.

A phone number for Binder could not be found Tuesday. Binder is scheduled to appear in court Thursday.

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Information from: Fort Collins Coloradoan, http://www.coloradoan.com