French police recovered all the jewels that a gang of thieves snatched from a shop in the Paris Ritz on Wednesday, a source close to the investigation said last night.
Three of the gang were detained while fleeing the scene and an AFP journalist said some roads around the hotel were sealed off by security forces following the incident. The gems and watches stolen were thought to be worth over four million euros (USD 4.8 million).
The source said the whole of the loot was in the bag dropped by one of the perpetrators when his motorcycle hit a pedestrian during his escape and seized later by police.
The other man made off in a vehicle that was found burnt out 15 hours after the raid in the outer northern suburbs about 12...
The heist took place about 6:30 p.m.
A police team in charge of patrolling the square -home to some of Paris's top jewellers and watchmakers, as well as the justice ministry - was quickly on the scene.
Three suspects inside threw bags of goods out a window to at least two accomplices outside, according to a police official.
Several luxury brands display their jewels in the storied Ritz, famous as the lodging of choice for Coco Chanel and Ernest Hemingway as well as Britain's Princess Diana, who spent her final hours there before dying in a vehicle crash in a Paris tunnel in 1997.
The hotel was bought in 1979 by Egyptian billionaire Mohamed Al-Fayed, whose son Dodi was also killed in the fatal crash.
Police managed to arrest three of the thieves at the scene but two escaped using a motorcycle and vehicle.
It is known as one of the most luxurious hotels in the world with 159 rooms and re-opened in 2016 and it underwent a multi-million pound refurbishment.
This is the latest in a string of high-profile heists in the French capital.
The losses in those attacks ranged from 420,000 euros to two million euros.
Several high-end Paris jewellery stores have been targets of dramatic robberies in recent years, including Cartier, Harry Winston and Chopard.
Five men, some wearing jackets with police insignia, held Kardashian at gunpoint, making off with several pieces of gold and diamond jewellery as well as a ring - a total estimated worth of nine million euros.