Laron Gilbert is the third suspect in the killing. The other two men are already in custody for the death of Kevin Nishita.
Police say the suspected shooter, 25-year-old Shadihia Mitchell was arrested in March in San Francisco and 24-year-old Hershel Hale was already in SFPD custody on unrelated charges. However, 27-year-old Laron Gilbert, the suspected getaway driver remains at-large.
RELATED: Oakland police searching for 3rd suspect wanted in murder of Kevin Nishita
Nishita was killed while guarding a news crew on assignment in downtown Oakland the day before Thanksgiving last year.
The reward for Gilbert's whereabouts was increased by donations from the victim's family and friends.