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.
He has been granted bail and will appear at Burwood Local Court on October 6.
Police also searched the man's unit on Eve Street at Erskineville, where they allegedly seized 313 stolen toner cartridges.
Investigations are continuing and further charges will be laid.