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Indian-origin man involved in 400 kg gold heist arrested in Canada

Updated: May 13th, 2024

The Peel Regional Police in Canada has arrested Archit Grover, a 36-year-old Indian-origin man over his alleged involvement in a gold heist worth $20 million (₹167 crore) from the Pearson International Airport.

According to police reports, Grover was caught when he landed in Canada  from India on May 9.

“He was held for (a) bail hearing and attended the Ontario Court of Justice in Brampton. He is also being indicated in the United States for firearm-related charges,” read the report.

Project 24K

Grover, along with ten other individuals, is believed to be involved in a gold heist from the Toronto Pearson International Airport in Canada.

The accused are believed to have fled with 6,600 bars of .9999 pure gold, weighing 400 kg. The gold arrived at the Pearson International Airport from Zurich, Switzerland on Apr 17, 2023.

On Apr 18, 2023, the gold was reported missing from the airport.

An investigation was launched, named ‘Project 24K’ (24 karat) to probe ‘the largest gold theft in Canadian history’, according to police.

Apart from Grover, the Peel Regional Police in Canada have also sent country-wide warrants for Simran Preet Panesar, a 31-year-old former Air Canada employee, and Arsalan Chaudhary, a 42-year-old man of ‘no fixed address’ in the matter.

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