3,000-year-old Pharaonic bracelet stolen melted and sold for $4,000
The bracelet stolen from the Egyptian Museum was traced to a restoration specialist, who asked a silver shop owner to sell it before it was resold through a gold workshop and foundry.
Investigations into the recent disappearance of a 3,000-year-old bracelet from the Egyptian Museum in Tahrir Square revealed that a restoration specialist was behind the theft, reported Al Rai newspaper.
The specialist admitted to stealing the artifact and selling it, after which it was melted down and turned into new jewelry.
According to Egyptian police, the accused had asked a silver shop owner to sell the bracelet. It was then transferred to a gold workshop in the Khan el-Khalili area for 180,000 Egyptian pounds, before being resold to a worker at a gold foundry for 194,000 pounds ($4000). The bracelet was subsequently melted and reshaped into other items of jewelry.
The Egyptian Public Prosecution has ordered the detention of those involved pending further investigation.
