Almost 200 private safe boxes in the vault were emptied of their contents at the Credit Lyonnais branch on Avenue de l’Opera, according to a BBC
The gang of robbers spent the hours between 10 p.m. on Saturday and 7 a.m. on Sunday to complete the heist. At one point, they burned a hole through a 31 inch thick wall to gain access.
In order to destroy evidence, the bank was set on fire upon completion of the heist, triggering an anti-fire system which in turn flooded the building.
Police accessed the building on Monday once the building was secured.
A security guard was tied up during the robbery and released unharmed upon its completion. On French radio, one investigator reported the robbery as a “professional job.”
Total estimated value of the missing content is unknown at the time as only bank customers know the contents’ worth.
The French media was quick in comparing it to the Spaggiari Affair
, a heist masterminded by Albert Spaggiari in 1976. Spaggiari organized a robbery of the Societe Generale Bank in Nice, France, which has been called the heist of the century.