​French police have arrested three men and are on the hunt for two more following a jewellery heist at the Ritz Hotel in Paris, in which a reported €4 million worth of jewellery was stolen.

According to authorities a gang of five armed robbers stormed the Hotel at around 6:30pm local time on Wednesday evening and smashed display cases in a jewellery shop inside the building.

The gang escaped from the hotel on scooters but quickly ran into a police patrol, with officers managing to arrest three of the suspects, but two managed to flee the scene. The Place Vendome was shut down as the police setup a security perimeter in the hunt for the remaining two suspects.

Reports are unsure whether any of the stolen goods have been recovered when the suspected robbers were arrested.

The Ritz in Paris
The Ritz in Paris

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