Smash-and-grab nets thieves $700,000 in Rolex watches

Jan. 19, 2014 at 1:28 AM

MEMPHIS, Jan. 19 (UPI) -- Thieves wielding sledgehammers and guns stormed an upscale Memphis mall jewelry store Saturday night and made off with $700,000 in Rolex watches, police said.

Police said at least five men, possibly six, took part in the bold smash-and-grab robbery at 7:39 p.m. at Reed's Jewelers in Wolfchase Galleria, the (Memphis) Commercial Appeal reported.

The thieves, dressed in dark clothes, smashed display cases and stuffed 65 Rolexes valued at $11,000 apiece into pillow cases before fleeing through two exits.

Shoppers scattered during the incident but no one was injured in the robbery, the newspaper said.

Related UPI Stories
Latest Headlines
Trending Stories
House Majority Leader Kevin McCarthy drops bid for speaker
WikiLeaks offering $50K for video of Afghan hospital bombing
Murdoch sorry for implying Obama's not a 'real black president'
Reid sues exercise companies over eye injury
Lumber Liquidators to pay $10M in DOJ settlement