Asaba was arraigned along with four others; Akeem Ahmed, Banji Adedayo, Dele Ajayi and Tajudeen Salawu, for the same offence.
The five accused persons were at the court on Tuesday before Magistrate Adefunke Ajibade.
They were accused of committing the alleged crime on Thursday, May 24, 2012 at the Ilasa-Ekiti branch of First Bank and made away with N7.833 million.
The prosecutor, Cpl Curtis Enabulele, said the bank manager conspired with the others to rob the bank.
He further alleged that four of the accused standing trial robbed the Divisional Police Armoury and carted away four AK47 riffles, handcuffs, smoke gummer, one Beretta pistol, and cartridges.
Enabulele told the court that four policemen were allegedly killed by the accused persons during the operation which they operated with explosives.
The bank manager’s counsel begged for bail for him but the judge ordered that the bank manager and the other accused persons be remanded in Ado-Ekiti prison.
She then adjourned the case to April 10 for further hearing.
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