Jewels Worth Millions of Euros Stolen from Italy Palace

VENICE, Italy – In a shocking robbery, a jewellery collection, once described by the Forbes magazine as being one of the unique collection of jewellery in the world – was stolen.

The heist, reports noted on Thursday, was similar to a Hollywood blockbuster.

As part of the operation, thieves stole precious Indian jewels worth 1 million euros ($1.2 million) from a collection belonging to the Mughal era.

The jewels were stolen from a palace in Venice, Italy on Wednesday.

Reports noted that the thieves mingled with the many visitors to the palace and managed to escape with the jewels, which were on display at the last day of an exhibition being conducted there.

Despite intense security measures, including metal detectors and an alarm which went off at the time around which the theft took place, the heist was successfully carried out.

The Venice police said that after the alarm went off at around 0900 GMT, they immediately cordoned off the area.

However, by then, the thieves had managed to escape the exhibition taking place in Venice’s Doge’s Palace, also known as the Palazzo Ducale, which is one of Venice’s top tourist destinations.

According to officials, the thieves managed to steal a brooch and a pair of earrings from a collection of around 270 pieces of precious jewels.

The jewels stolen, were not the main highlights of the exhibition.

According to the Venice police, the jewels belonged to the collection of jewels known as the Al Thani Collection, which is a range of jewellery dating back to the Mughal period to jewels from more contemporary times and were made of diamonds, platinum and gold.

Officials said that the collection was assembled by Qatar’s Sheikh Hamad bin Abdullah Al Thani.

A statement from the foundation, Venice’s Foundation of Civic Museums, said the stolen brooch and earrings are of “less historical value.”

In a statement posted on The Al Thani Collection’s Facebook page said, “The jewels, which were contemporary pieces, are consequently of less historical value than the other items in the collection.”