Seems like Kim Kardashian won't get her €4 million engagement ring back.
Suspects arrested over the October robbery have told investigators that the stolen gold has been melted and the diamonds re-cut, police sources told the channel.
The thieves had apparently realized that the haul was too recognizable to sell and chose to transform it.
The jewellery is suspected to have been sold off in Belgium where several of the suspects travelled after the robbery, the channel noted.
The thieves took jewellery worth €9 million, including the ring, two Cartier diamond bracelets, a diamond-studded necklace, a yellow gold Rolex watch and a diamond-encrusted cross in what is said to have been the biggest jewellery heist in France in the last 20 years.
While Kardashian's jewels appear long gone, police did manage to seize €250,000 in last week's raids.
A total of ten people have charged over the case so far, including the alleged ringleaders.
Investigators say the gang's key members were Aomar Ait Khedache and Didier Dubreucq, men in their 60s with long criminal pasts nicknamed “Old Omar” and “Blue Eyes”.
Khedache “has admitted taking part in the robbery but has refused to speak about any accomplices and denies he was the mastermind”, his lawyer Jean-Yves Lienard told AFP.