Victoria Police carry out a raid at a property in Mount Martha, on the Mornington Peninsula, and arrest Mick Gatto. Multiple outlets report that police execute a warrant on Wednesday morning as part of an ongoing investigation into alleged financial offences. According to Victoria Police, officers move in to act on the warrant linked to the investigation, and Gatto is taken into custody.

The 7News Australia report adds that two people are arrested following the raid, with Gatto among those detained. Other outlets focus on the confirmation from Victoria Police that the warrant is executed as part of the current inquiry, but do not detail additional charges or the identities of the other person(s) arrested.

At this stage, the reporting across sources is consistent on the core points: the location of the operation (Mount Martha), the timing (Wednesday morning), the existence of a Victoria Police warrant, and that the matter relates to alleged financial offences. The outlets do not provide further information in the supplied summaries about the nature of the allegations, the number of officers involved, or the next court steps.