A thief who was part of a gang that stole a Patek Philippe watch worth more than $120,000 from Tim Hortons president Axel Schwan has been sentenced to two years in jail.

Ahmed Djidi, 26, was part of a gang that ripped the watch from Schwan’s wrist as he was walking through Mayfair, an upscale London, U.K. neighbourhood, on June 30 last year, according to the Daily Mail .

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Schwan is president of Tim Hortons’ Canadian and U.S. business .

Djidi appeared in a London court on Thursday, where he was sentenced, aided by an Arabic interpreter, to 22 months behind bars. He had already admitted to one count of theft at a court hearing back in June, Court News U.K. reported at the time.

However, he already served the time in custody and was due to be released today.

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