The gang that shot dead Detective Garda Adrian Donohoe did not succeed in stealing all the money from the Lordship Credit Union in Co Louth.
As much as €40,000 in cash and cheques was left behind after the gang fled the scene with just €4,000.
The money was part of a cash collection from four credit unions in the area, which Det Garda Donohoe and his colleague were escorting to be deposited in a bank in Dundalk.
Gardaí now say that at least five men were involved in the robbery.
The gang were armed with a shotgun, handgun and hammer; they had their faces covered and were wearing tracksuits.
They blocked the exit of the credit union car park and shot Garda Donohoe, 41, in the head when he got out of his car to see what was going on.
Detective Garda Joe Ryan was held at gunpoint while the robbery took place.
Detectives are waiting to conduct detailed interviews with credit union staff and Det Ryan, who witnessed the murder.
Gardaí believe a cross-border gang suspected of carrying out a previous armed robbery on the credit union 18 months ago could have been involved in the murder.
They are liaising with the PSNI to determine whether a car found burnt-out in south Armagh is connected to the killing.
The funeral of Det Garda Donohoe will take place in Dundalk on Wednesday.
He will be reposing at his home tomorrow afternoon before his funeral mass at St Joseph's Redemptorist Church in Dundalk on Wednesday afternoon.
Dublin Lord Mayor Naoise Ó Muirí has said a book of condolences will be opened in the Mansion House for people to sign to convey their sympathies to Det Garda Donohoe's family.
Tributes
A friend paid tribute to him as a fine role model, who had died protecting his neighbours.
Speaking to RTÉ's Morning Edition, St Patrick's Gaelic Football Club Chairman Alan Duffy said the death was a big shock for the wider community in Dundalk.
He said as well as being a senior player, Det Donohoe had been a coach for Under 7s and Under 16s, and had been due to take up a coaching course on Saturday.
He said: "He's been a very visible figure in our community.
"He's been admired by everybody for years for being a fine role model, a member of Garda Síochána, a mentor to children, and a role model to teenagers.
"We are all going to miss Adrian, and it's a void that's been created in our community."
The Parish Priest of Lordship and Ballymascanlon has said the community is finding it hard to come to terms with what has happened.
Speaking on RTÉ's Morning Ireland, Fr Padraig Murphy said: "I think people just don't know what to think.
"It's just like a dark cloud has descended upon us all and they're sickened by what has happened."
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