Three Serbian nationals were arrested in Athens, alleged to be members of the notorious gang “Pink Panthers” who are responsible for thefts of grand larceny.

The three Serbs and another person, that is at large, consisted a group that has committed over 30 burglaries at jewellery shops and car thefts in the wider Athens region. The loot is estimated at 550,000 euros.

The gang stormed with a stolen car breaking the storefront and took the jewellery from the showcases and afterwards fled with other stolen vehicles or motorcycles.

Greek police will make official announcements on Friday noon.

One of the biggest robbery committed by “Pink Panthers” gang was the one in Carlton Hotel in Cannes stealing jewelleries worth 103 million euros.