Three years after Canada’s largest gold heist, authorities are closing in on a key suspect believed to be hiding in Chandigarh, India. The heist, which involved the theft of 400 kilograms of gold valued at over $20 million, had baffled Canadian law enforcement since it occurred, marking it as the country’s biggest gold robbery to date.
Simran Preet Panesar, a former manager with Air Canada, is alleged to have played a central role in orchestrating the heist. Canadian police had already arrested one of the accused, Arsalan Chaudhary, but Panesar remained at large, evading authorities across international borders. Investigators now say they are closer than ever to securing his arrest and bringing him to justice.
The stolen gold, equivalent to 400 kg, had vanished under mysterious circumstances, triggering a massive investigation involving multiple law enforcement agencies in Canada. Officials revealed that the operation required meticulous planning and insider knowledge, pointing to Panesar’s alleged managerial access at Air Canada as a key factor in the crime.
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The case has gained international attention due to its scale and complexity, with law enforcement in both Canada and India coordinating efforts to locate Panesar. Canadian authorities are reportedly working closely with Indian agencies to facilitate his arrest and possible extradition.
Investigators say that the three-year-long manhunt involved tracing financial transactions, analyzing communications, and following leads across continents. The case has become a benchmark in international law enforcement cooperation for high-value thefts.
Authorities have urged anyone with information about Panesar’s whereabouts to come forward. The impending arrest is expected to bring a major breakthrough in one of Canada’s most notorious criminal cases, potentially recovering the missing gold and delivering justice for the high-profile heist.
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