Friday, November 7, 2008

Austrian police recover stolen ruby called 'Prince of Burma' worth $4 million

The uncut ruby, known a the "Prince of Burma". Austrian police have seized the stolen ruby and other gems worth 3.5 million euros (US$4.5 million) in a raid. THE ASSOCIATED PRESS/Bundeskriminalamt, HO

VIENNA, Austria — Authorities in Austria say they have recovered a stolen, uncut ruby known as the "Prince of Burma" worth more than US$4 million.

Austria's federal criminal investigations bureau says the ruby and other jewels were recovered and two men and a woman arrested in a raid Tuesday in the southern town of Villach.

All three are suspected of stealing the ruby, along with diamonds and other gems, from a German jewelry dealer in Milan, Italy, in August.

Police say the dealer, identified only as a man from the German city of Idar-Oberstein, was tricked into going to Milan by the female suspect.

Investigators say the man was seriously injured by a car during the theft.

Police put the total value of the stolen jewels at US$4.5 million.

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