Stolen Ruby Recovered in Austria

A police raid on a suspected gang of international jewel thieves in Austria has recovered an uncut ruby known as the “Prince of Burma” worth $4.1 million, the Associated Press reports.

Two men and a woman were arrested in the Nov. 4 raid in the southern town of Villach, Austria’s federal criminal investigations bureau told the AP. The three are suspected of stealing the ruby along with diamonds and other gems recovered in the raid from a German jewelry dealer in Milan, Italy, in August.

The dealer, identified by JCK as Chico Bank of Idar-Oberstein, was tricked into going to Milan by the female suspect and was seriously injured by a car during the theft.

Bank of Gebrüder Bank, well-known and respected gemstone suppliers, told JCK he was still recovering from injuries, but said it could have been a lot worse.

“I’m so-so with my knee,” Bank told JCK. “It was severely damaged, but I can now walk. One shoulder was operated on twice. The other one is still yet to be operated on. But aside from that, I am so happy that the police recovered the goods, including the ruby.”

Police reportedly said the total amount of the stolen jewels are worth an estimated $4.5 million.

The arrests were made in a joint operation with German authorities, the AP reports.

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