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4 teens arrested after allegedly stealing $1.2M in gold and silver

4 teens arrested after allegedly stealing $1.2M in gold and silver

CTV
Friday, January 20, 2023 05:30:30 PM UTC

Four teens, some as young as 15, are facing charges after they allegedly stole $1.2 million worth of gold and silver from a precious metals store on Bloor Street at gunpoint, only to be apprehended while fleeing the scene.

Four teens, some as young as 15, are facing charges after they allegedly stole $1.2 million worth of gold and silver from a precious metals store on Bloor Street at gunpoint, only to be apprehended while fleeing the scene.

The robbery occurred at around 2:15 p.m. on Dec. 10.

York Regional Police say that members of their hold-up squad happened to be in the area as part of an ongoing investigation into the same suspects.

Police say that the YRP officers contained the vehicle being used by the suspects and were able to arrest all four following a brief foot pursuit.

No injuries were reported as a result of the robbery or the subsequent pursuit. 

“Officers recovered a loaded handgun and $1,295,000 worth of gold and silver,” police said in a news release. “As a result of the dedicated efforts of the investigators, the precious metals dealer in this case had their gold and silver returned.”

Read full story on CTV
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