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Dubai Police Recover $25 Million Pink Diamond Hours After Heist

Authorities cite AI-enabled surveillance for the rapid arrests.

Overview

  • Three suspects of Asian nationality were arrested within eight hours at separate locations after the jeweler reported the theft.
  • The 21.25-carat Fancy Intense pink diamond, valued at $25 million, was recovered, with officials saying a comparable counterpart has a 0.01% likelihood.
  • Police say the gang tracked the gem’s arrival from Europe for more than a year and planned a sophisticated theft.
  • The suspects posed as intermediaries, rented luxury cars, held meetings at high-end hotels, hired a diamond expert, and lured the jeweler to a villa before seizing the stone.
  • Officials say the group intended to smuggle the diamond in a small refrigerator bound for an Asian destination, and the stone was found in a refrigerator during the recovery.