Latest news with #FancyIntense
Filipino Times
2 days ago
- Filipino Times
Dubai Police foil $25-million pink diamond heist
Dubai Police have foiled an attempt to smuggle a rare pink diamond worth $25 million out of the country, arresting three suspects in an operation codenamed 'Pink Diamond.' Authorities said the gang had plotted for over a year to steal the 21.25-carat gem, classified as Fancy Intense and considered among the rarest in the world. The suspects posed as wealthy buyers, renting luxury cars and meeting the jeweller in high-end hotels to gain his trust before luring him to a villa, where they seized the diamond and fled. A police task force tracked the suspects, identified as three Asian nationals, using advanced surveillance technologies and arrested them in simultaneous raids. The diamond, which had been hidden in a small refrigerator for smuggling abroad, was recovered intact. Dubai Police said the merchant had imported the stone from Europe and was deceived by the gang's elaborate scheme, which included hiring a diamond expert to authenticate the gem. The jeweller praised the swift response of the authorities, saying he was contacted the next morning that the suspects had been arrested and the diamond recovered. He urged fellow traders to follow official safety guidelines to protect valuable assets. Police said the case highlights Dubai's commitment to safeguarding its position as a secure global hub for the diamond trade.
Indian Express
3 days ago
- Indian Express
How Dubai Police foiled a heist of a rare pink diamond worth Rs 218 crore
The Dubai Police says it has thwarted an attempted theft of an extremely rare pink diamond. Three people have been arrested in connection with the attempted theft of the diamond, estimated to be worth $25 million (Rs 218 crore). 'Dubai Police thwarts an attempted theft of an exceptionally rare pink diamond valued at 25 million US dollars. The group of three individuals of Asian nationality were apprehended within eight hours,' Dubai Media Office said in a post on social media. Dubai Police thwarts an attempted theft of an exceptionally rare pink diamond valued at 25 million US dollars. The group of three individuals of Asian nationality were apprehended within eight hours.@DubaiPoliceHQ — Dubai Media Office (@DXBMediaOffice) August 18, 2025 According to Dubai Police, the three men hatched the plan over a year ago to steal the rare diamond, which is classified as Fancy Intense, weighs 21 carats and boasts the highest purity. As per reports, the diamond is so rare that there is only a 0.01 per cent chance of finding another of its kind. The three men, posing as intermediaries for a 'wealthy buyer,' approached the trader who had brought the diamond to the UAE from Europe. The accused who had rented luxury vehicles, booked meetings at five-star hotels, and even brought a so-called 'gem expert' with them, convinced the businessman to take the out of his secured storage and take it to a villa to show it to the buyer. But once the jeweller reached the villa, the gang struck and fled with the diamond. Acting on the trader's complaint, the Dubai Police used advanced surveillance and tracking technologies to quickly identify the suspects. The suspects who were hiding in three different locations after the crime were tracked down and arrested simultaneously, within eight hours. The missing diamond, which was hidden inside a refrigerator, was also recovered by the Dubai Police. The pink diamond's owner described Dubai Police's swift response as 'astonishing,' saying their speed and professionalism gave him immediate confidence the case would be resolved. After calling 999, he said multiple patrols arrived within minutes, began the investigation, and offered constant reassurance. 'To my surprise, the very next morning, they called to say the suspects had been arrested and the diamond recovered,' he said.
