2 escape with $7m Ritz jewellery

Kelvin Reese
January 14, 2018

"As they tried to get away, police officers arrived and three of the robbers were pulled to the ground and then arrested".

A figure of 4.5 million euros ($5.42 million), announced earlier, related to the total value of the jewelry in the display cases.

A police spokesman said that no one was injured in the robbery at about 6.30pm on Wednesday.

The axe-wielding thieves made off with the jewels after smashing glass display cases at the world-famous hotel in the French capital, police said.

Unlike the action movie, three of the five thieves were quickly caught and arrested by police the same day. Two people were still being sought by authorities on Thursday evening.

"We heard a loud noise and lots of racket in the street", a hotel employee told AFP.

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Wednesday's robbery took place a year and half after the hotel re-opened its palatial doors to guests after almost four years of renovations and a massive fire.

'There were initial fears that a terrorist attack was going on, but it soon became clear that it was a robbery.

One of the robbers, fleeing the scene on a bicycle, dropped a diamond-encrusted cross worth 30,000 euros, which was found by a passer-by a few hours later.

Diana, Princess of Wales dined at the hotel shortly before she was killed in a auto crash on the night of August 31, 1997.

It was at the Ritz that Diana, Princess of Wales, spent her last night in 1997 before the auto crash that killed her and her lover Dodi Fayed, al-Fayed's son.

Security was stepped up in and around Place Vendôme in 2014 after a series of thefts on luxury shops and jewellers in the square, which is also home to France's ministry of justice.

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