Barberian was accosted on Monday morning as he walked a cashbox between his two Elm Street restaurants. The incident, which was caught on video, saw the 50-year-old businessman struggle with his would-be robber in the middle of the downtown street. The suspect eventually fled.
Police arrested Joel Brown, 44, of Toronto early Wednesday morning. He is charged with robbery and two counts of failing to comply with probation.
Investigators are still looking for the woman who made off with Barberian's cellphone, which fell to the ground during the fight.
She is described as non-white, with a long, black ponytail. She was wearing a black hat, a dark three-quarter length winter coat with a fur trim, black winter boots with tassels and red soles, and was carrying a black purse.
She was seen getting out of a dark-blue Honda CRV, with a trailer hitch, which was parked on the south side of Elm Street.
Anyone with information is asked to contact 52 Division at 416-808-5200 or Crime Stoppers at either 416-222-TIPS (8477), or www.222tips.com.