A third man has been found guilty of robbing Olympic cyclist Mark Cavendish and his wife Peta of their high-value watches in a knifepoint raid at their Essex home.

A balaclava-clad gang, armed with large knives, threatened the couple and took two Richard Mille watches worth a total of £700,000 on November 27 2021.

In February, two men were jailed at Chelmsford Crown Court for their role in the robbery in Ongar.

A third man who was wanted by police, Jo Jobson, handed himself in at Chelmsford police station in June this year, 18 months after officers first issued a photo appeal identifying him as a suspect.

The 27-year-old, of no fixed address, denied two counts of robbery but was found guilty following a trial at Chelmsford Crown Court.

Jurors returned their verdicts on Monday after less than two days of deliberations.

Jobson appeared to shake his head as the unanimous guilty verdicts were returned.

Edward Renvoize, prosecuting, said the gang threatened the couple and “meted out violence to Mark Cavendish” during the raid, which happened at around 2.30am while the couple’s children were at home.

He read a statement from Mrs Cavendish in which she said an intruder told her husband “Do you want me to stab you up in front of your kid? Show me the f****** safe.”

The prosecutor described the robbery as a “well-orchestrated and executed, planned invasion of a home of well-known individuals with the intention of grabbing high-value timepieces”.

He said one of the intruders took Mrs Cavendish’s mobile phone and it was later found outside their property, which he said was a “significant error in what was an otherwise carefully executed plan”.

DNA attributed to Ali Sesay, who pleaded guilty to two counts of robbery, was found on Mrs Cavendish’s phone.

“It was from the communications data from that telephone belonging to Mr Sesay that police were able to identify a number of other telephone numbers that appear to have been involved in the offence,” said Mr Renvoize.

He said one such mobile phone number was “attributed to” Jobson.

The defendant claimed the phone was not his, but his account was rejected by jurors.

In February this year, two men were jailed at Chelmsford Crown Court for their roles in the robbery.

Romario Henry, 31, of Bell Green, Lewisham, south-east London, had denied two counts of robbery but was found guilty after an earlier trial and sentenced to 15 years in prison.

Ali Sesay, 28, of Holding Street, Rainham, Kent, admitted two counts of robbery and was jailed for 12 years.

Judge Timothy Walker told Jobson: “The evidence against you was overwhelming.”

He remanded him in custody until Wednesday, when he is due to be sentenced.

Jobson said “Thank you” before he was led from the dock of the court to the cells.