Dubai Police foil $25 million pink diamond heist in eight hours

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Dubai Police has arrested three people for stealing a pink diamond worth $25 million, shortly before the detainees reportedly intended to ship the 21 carat precious gem to another country. 

The criminals had convinced a trader, who was in possession of the rare stone, that a wealthy buyer was interested in purchasing it - renting luxury cars and bringing a gems expert from abroad to lend credibility. 

The thieves then lured the trader to a villa, where they seized the opportunity to steal the gem that boasts a "highest purity certificate," with a 0.01 global rarity rate. 

Investigators swiftly located the alleged criminals' place of residence and arrested all three within eight hours of the crime, and found the precious stone hidden in a small refrigerator. 

 

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