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The financial loss from the daring jewellery heist at Paris’s Louvre museum has been estimated at nearly Rs 900 crore (around $102 million), a French prosecutor said on Tuesday.

Paris prosecutor Laure Beccuau said the museum’s curator had assessed the value of the stolen royal jewels at this huge sum. She cautioned, however, that the thieves would gain far less if they tried the “very bad idea" of melting down the priceless items.

The robbery, which took place on Sunday, saw thieves break into the Louvre’s Galerie d’Apollon in broad daylight, making off with eight precious pieces belonging to French royalty. The thieves climbed an extendable ladder to reach an upper window overlooking the Seine river and escaped within seven minutes.

The stolen treasures include

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