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Armed robbers seize jewels worth '4 million euros' from Paris

Armed robbers seize jewels worth '4 million euros' from Paris

Armed thieves stole precious stones for millions of euros from a jeweler's shop in Paris's Ritz Hotel, all media world news reported.

Paris is notorious for high-end armed robberies, with many taking place around five-star palace hotels such as the Ritz.

French police arrested three of the robbers, but two are still at large.

It is thought that the thieves targeted jewellery estimated to be worth more than €4m (£3.5m) and it is not clear if any of the haul was recovered.

Witnesses described "total panic" breaking out and some reported hearing gunshots as the men raided the display cases in the hotel's Reza jewellery shop.

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The three suspects were arrested near the chic Place Vendome in central Paris but none of the jewels or other items have been recovered so far. Two people inside the hotel hid from the thieves and alerted police, the official said.

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

A picture taken on October 18, 2011 in Paris shows the entrance of the Ritz hotel. French Interior Minister Gérard Collomb tweeted his praise of the French authorities for the swift and professional handling of the situation. It was at the Paris Ritz that Diana, Princess of Wales, dined with Fayed's son, Dodi, the night before they died in a vehicle crash in August 1997.

Security had been boosted in the area, which also houses France's justice ministry, in 2014 after several daring armed raids on Place Vendome in which jewels worth between 420,000 and two million euros were seized.

The Ritz, which re-opened in 2016 after a four-year refurbishment, and is owned by the Egyptian businessman Mohamed Al-Fayed.

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