Robber steals $53 million worth of jewels in Cannes, France, police say

An armed robber held up a jewelry exhibition in the French resort city of Cannes on Sunday, stealing jewels worth $53 million (40 million euros), a Nice police official told CNN on the condition of anonymity.
 

The robbery -- the third such heist around the city since May -- took place Sunday morning at the Carlton Hotel, according to Philippe Vique, deputy prosecutor for organized crime in the prosecutor's office for the Provence-Alpes-Côte d'Azur region. He could not confirm the value of the jewelry.

The robber, whose face was covered by a hat and a scarf, threatened to shoot the exhibitors and guests, Vique said.

Security guards were present but unarmed, he said.

The exhibitor, Leviev Extraordinary Diamonds, confirmed the heist and said it was "relieved that no one was injured in the robbery."