According to officers, the incident happened around 3:00 Monday afternoon in the Menard's parking lot on Parrish Avenue.
The victim says two men approached him and stole his wallet, money and other personal items. Police were able to use surveillance video to verify the story and made arrests a short time later.
The victim, who says he knew the assailants, was not seriously injured.
21-year-old Keifer Long and 22-year-old Landon Renfrow both face robbery charges and are being held in the Daviess County Detention Center.