The accused was said to have robbed the complainant, who is also a student on February 13, at Dansoman in Accra.
He pleaded not guilty to the charge and was remanded by the court presided over by Mr Aboagye Tandoh.
He is to reappear on March 4, for the court to rule on a bail application by his counsel.
The facts of the case, as presented by Police Chief Inspector William Boateng was that the complainant is a student and lives at Odorkor Chabaa, whiles the accused is also student of Adisadel College and lives at Abeka Lapaz.
He said the complainant was on vacation and attending holiday classes at the Methodist University Campus.
He said on February 13 at about 0730 hours the complainant was walking to classes when the accused met him on the campus and asked for a favour of GH₵ 5.00.
Mr Boateng said the complainant declined the request, but the accused pulled out a knife from his pocket and threatened the complainant to either open his school bag or be stabbed.
The prosecution said for fear of his life, the complainant opened the bag and the accused robbed him of his GH₵ 5.00 note and bolted.
The complainant raised alarm and two Security Officers on the Campus, namely Foster Gbeklui and Baba Akatu got the accused arrested.
The GH₵ 5.00 Note and a small orange coloured handle knife were retrieved from his pocket and handed over to the Police.
The accused admitted, threatening the complainant at knife point.