Home News Over $1.4M in jewellery, cash stolen from Stabroek Market stall
Thieves carted off with over $1.4 million in cash and jewellery from a Stabroek Market stall after breaking into the market in the wee hours of Saturday morning.
Reports are that three thieves stole a quantity of silver and gold Jewellery valued at $1,400,000; $300,000 and a quantity of wallets and belts valued at $100,000.
One of three suspects was arrested.
Police on Saturday said that the stall owner, a 47-year-old businesswoman, secured the premises on Friday afternoon and left. However, at about 04:30h on Saturday, ranks from the City Constabulary were on foot patrol duty around the Stabroek Market area, when they heard loud banging sounds coming from inside of the market.
Upon opening the gates and entering the market, they observed three males running away through the meat section of the market. The ranks gave chase and apprehended one of the males who dropped a blue-coloured gift bag while the other two escaped.
A search was carried out on his person by City Police ranks and a transparent plastic bag containing cash and a quantity of gold and silver jewellery was found in his crotch.
The jewellery bag also contained a quantity of silver jewellery.
The suspect was arrested and placed in custody at Brickdam Police Station. An investigation has since been launched and a hunt is on for the other two suspects.
In July 2018, bandits had carted off $22 million in gold, diamond and silver jewellery after they broke into the popular L Seepersaud Maraj and Sons Jewellery Store located at Stabroek Market. In that incident, the entire store was ransacked and the vault was torched open.
Three vendors were subsequently charged for the incident.