It has been alleged the thefts occurred between 2005 and September this year, while the 35-year-old man was employed at a company based in Homebush Bay, Sydney.

Investigators allege approximately 23,000 printer toner cartridges had been stolen before being on-sold privately.

The total retail value of the theft is estimated to be worth $2.4 million.

At this stage, investigators from Flemington Local Area Command have laid charges in relation to the thefts which occurred this year, counting a total of 5000 items.

The man was charged yesterday afternoon at Auburn Police Station, with larceny as a clerk/servant.