Arrests made after jewelry store heist

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Police in Oslo have arrested seven persons in connection with a spectacular jewelry store heist last month that ranks as the one of the biggest ever in Norway. The store’s owners, however, fear much of the jewelry taken already has been melted down or re-made.

Among those arrested is another jeweler in Oslo. Police reportedly found jewelry and gold from the burglary of the Gullborgen jewelry store downtown both at his home and in his own store in Oslo.

The thieves managed to avoid all alarm systems at Gullborgen and literally drilled through a concrete wall to get into the store’s basement safe. They made off with an estimated NOK 40 million (nearly USD 7 million) worth of gold and precious stones.

They also took the surveillance cameras mounted inside the store and its basement.

Police believe the suspects, both Norwegians and foreigners, are part of an organized criminal network. One of them reportedly was linked to the commando-style robbery of the NOKAS currency depot in Stavanger in 2004, but charges against him were dropped.

Elisabeth Borgen, of the family owning Gullborgen, told newspaper Aftenposten that she fears much of the store’s jewelry will never be recovered. “I really hope we’ll get something back, and are glad the police have made arrests relatively quickly,” she said.

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