UPDATE: Cannes jewellery heist worth about $136 million

AFP , Monday 29 Jul 2013

An armed man who burst into a hotel in the French Riviera resort of Cannes stole jewels worth around $136 million (103 million euros), prosecutors said Monday, in one of the world's biggest jewellery thefts.

Authorities had initially estimated the heist -- which took place on Sunday in broad daylight -- was worth around 40 million euros.

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