Results for: Gold Heist

An Indian-origin man, Archit Grover, has been arrested in Canada in connection with the historic gold heist from Toronto airport, which netted $20 million worth of gold bars. The arrest comes as part of a major investigation into the April 2023 robbery, where 6,600 bars of pure gold were stolen from a secure storage facility using fake documents. The cargo container, which arrived from Zurich, Switzerland, was reported missing shortly after it was offloaded and transported to a separate location. Grover was arrested at Pearson International Airport after a flight from India, and is also facing firearm-related charges in the United States. Two other suspects, Simran Preet Panesar and Arsalan Chaudhary, remain at large.

Peel Regional Police have revealed that a portion of the gold stolen in Canada’s largest gold heist, valued at over $20 million, was melted down in the basement of a Toronto-area jewelry store. Several individuals have been arrested and charged in connection with the case, including a jewelry store owner and an Air Canada employee. The investigation is ongoing, and further details are expected to be released as the case progresses.