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April 18, 2014

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4 indicted in $4 million jewelry store robbery

Updated Friday, Feb. 21, 2014 | 8:34 a.m.

WILMINGTON, Del. (AP) — Federal prosecutors say four men arrested in the theft of a $2 million ruby from a Delaware jewelry store are tied to a theft ring that committed several similar smash-and-grab robberies in Pennsylvania and New Jersey.

Officials discussed the arrests Friday one day after a December indictment was unsealed in Delaware and a superseding indictment was filed in the Pennsylvania and New Jersey heists.

Authorities said the suspects are all Pennsylvania men with no ties to Delaware.

The robbery of Stuart Kingston Jewelers in November 2011 netted $4.4 million in jewelry, including the 5-inch, 4-pound Liberty Bell Ruby, made from the largest mined ruby in the world.

Despite the arrests, authorities said they don't know where the ruby is and have little hope that it will ever be recovered.