Police in Hong Kong are investigating a robbery in which more than $1.28 million worth of diamonds were stolen from two dealers attacked on the street, the Associated Press reported.

The robbers bashed the heads of the diamond dealers, employees of an Israeli-owned jewelry shop, with metal bars and snatched bags containing the diamonds in the Wednesday afternoon attack, police told the AP on Thursday.

One suspect fled by bus and was later caught by police. He was identified as a visitor from the Chinese mainland, the AP reported. The other suspect, who apparently was carrying all the diamonds, remains at large, police and local reports said.

The diamond dealers suffered head injuries and were hospitalized for treatment, the police reportedly said in a statement.

JCK