Thieves steal €4.2 million worth of jewels in Paris Ritz Hotel heist

Armed thieves have made off with over €4.2 million worth of jewellery after breaking into the Ritz hotel in Paris.

French police have said that five robbers wielding axes broke into the luxury hotel yesterday. three of the thieves have been arrested, but two managed to get away with the huge haul of jewels - writes buzz.ie.

The thievesbroke into the hotel around 6.30pm local time,they smashed the windows on the ground floor, they smashed display casses containg the jewellery.

A police source has said:"The loss is very high and remains to be assessed,".

Many world class jewellers display their products at the luxury Ritz hotel.The five-star Ritz is located in Place Vendôme, in Paris' historical first district.The hotel includes a shopping area near its rear entrance, which has five luxury shops and 95 'showcases' of jewellery and luxury clothing.

Reports indicate the the thieves were interreupted by a poilce officer who was on patrol at the time and that two of the raiders escaped on a motorbike.

According to AFP, ahotel employee said: "We heard a loud noise and lots of racket in the street".

"Passers-by took refuge in the hotel. We didn't know what was going on until someone told us there had been a robbery."

The are has been the scene of heists before. In 2016, two armed thieves stole over €6 million worth of jewellery from the store Chopard in Place Vendôme.

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