Missing Persons Squad detectives have charged a man with murder as part of their investigation into the 2006 disappearance of Christopher Jarvis.
Warrants were executed at two residential properties in Wangoom and Warrnambool yesterday morning.
A 59-year-old Warrnambool man has since been charged with one count of murder.
He will face Warrnambool Magistrates' Court today.
A 70-year-old Wangoom man was also arrested and remains in custody.
This follows Christopher's disappearance in June of 2006.
The 38-year-old was last seen when he left the house he shared with his partner and stepchildren on Warrne Road in Wangoom at around 6am on Tuesday, 13 June.
When he didn't arrive at work, staff contacted Chris' partner at around 7.30am.
At approximately 8am, Chris' car - a silver 1991 Ford station wagon - was located on fire at Thunder Point, a popular coastal lookout in Warrnambool.
The investigation was originally handled by the local area as a missing person and initial enquiries suggested his disappearance was not suspicious.
However, the investigation was reinvigorated with the provision of new information from the public to the Missing Persons Squad.
Further enquiries made by police identified circumstances which would suggest the involvement of other people.
Investigations remain ongoing, anyone with information that could assist investigators is urged to contact Crime Stoppers on 1800 333 000.