A man, 48, suspected to be a member of the international ‘Pink Panther’ gang, was remanded for six days by the Limassol District Court on Saturday.
On Friday, police arrested the man from Montenegro for armed robbery on a Limassol jewellery shop almost ten years ago. An international arrest warrant was also issued for a second man regarding the same case.
Authorities issued a European arrest warrant for the 48-year-old suspected of robbing €212,000 worth of jewellery from the shop on February 28, 2009.
The man was initially arrested in Spain, on March 1, and following the cooperation of the Spanish authorities, Cyprus’ Interpol, and the Limassol police, he was brought to the island on Friday afternoon, where he was arrested.
Police are continuing their investigations.
Interpol ran an operation on the Pink Panthers gang from 2007 to 2016, and according to the international authority the network is suspected to have carried out approximately 380 armed robberies from 1999 to 2015.
The organisation is believed to have targeted high-end jewellery stores, and the combined value of their robberies is estimated to have been approximately €334 million.