Quincy Thorpe, 40, a baggage handler with Delta Airlines, was arrested at his home in Brooklyn on Thursday morning following last Tuesday's theft.
On Monday, officials said a second defendant, 33-year-old Emmanuel Asuquo Okon, was taken into custody over the weekend.
Okon is not an employee with Delta, but is believed to be a friend of Thorpe who helped him get away. He was released on an $80,000 bond.
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The money -- which was transported in eight bags -- was part of a cash shipment to be loaded onto Delta Flight 1225 from Kennedy Airport to Florida on Tuesday.
Court documents allege that Thorpe scanned and loaded the bags onto the flight before taking a bag of cash from a larger armored car transfer.
The armored car's security company realized one of eight bags that made up the transfer was missing once the flight landed in Miami -- prompting an investigation by Port Authority police and the FBI.
Thorpe was quickly identified after fellow workers said he went home sick after the approximate time of the theft. Over the next two days, Thorpe called Delta Ground Services to say he would not be coming to work.
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"In my mind there's a question of how is the money actually taken out of the airport? If there are surveillance cameras all around, that's a question that needs to be answered going forward but we'll see what the government wants to do with it," Thorpe's attorney said.
The money has not yet been recovered.
Delta released the following statement after confirming Thorpe was suspended:
"The alleged actions of this employee are unacceptable and in no way reflect the professionalism and values we expect from Delta team members. We are taking this situation very seriously and working directly with authorities on their investigation as well as conducting an internal investigation of our own."
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