Armed robbers steal millions from Ritz Paris hotel

Police in Paris are currently hunting for two armed men following this evening's raid

Police in Paris are currently hunting for two armed men following this evening's raid

He said no one was injured.

The axe-wielding thieves made off with the jewels after smashing glass display cases at the world-famous hotel in the French capital, police said.

Local media reports, citing police sources, put the value of the jewels at around 4.5 million euros (US$5,300,000).

Three suspects were detained and two more are still on the run.

The publication is reporting that three of the five men have been arrested, though it is unclear as to whether the jewels have been recovered.

A tourist told Mirror Online bartenders at the Hemingway bar yelled at people to "get down" as the masked men smashed their way into the hotel.

Speaking to Sky News, a witness said they heard gunfire and recalled seeing a man wearing a ski mask and carrying an axe.

Armed heists targeting jewellery stores are not uncommon in the ultra chic avenues near Place Vendome square in central Paris where the Ritz is located.

The landmark Paris Ritz hotel re-opened its palatial doors to guests in 2016 after almost four years of renovations and a major fire.

Princess Diana had dined in the hotel's Imperial Suite on August 31, 1997, shortly before her tragic death in a vehicle crash in Paris.

It is known as one of the most luxurious hotels in the world with 159 rooms and re-opened in 2016 and it underwent a multi-million pound refurbishment.

The hotel, owned by Mohamed Al Fayed, reopened last year after four years of refurbishment work.

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