LYNN – One man was arrested Saturday a short time after he allegedly held up the Honey Dew Donuts shop on Western Avenue near the Belden Bly Bridge, police said.Police responded to the shop at 1067 Western Ave. at about 7:25 p.m. on a report of an armed robbery.A short time later, police arrested Micahel Reed, 29, of 12 Avenue A, Lowell, in connection with the hold-up.He was charged with armed robbery while masked, assault with a dangerous weapon, resisting arrest and five default warrants. The charges on those warrants from previous offenses include larceny, uttering a forged document, driving with a suspended license and violating a restraining order.Further details of the robbery were unavailable Sunday.nDan O’Brien