Brief by Shorts91 Newsdesk / 04:44pm on 15 Jan 2026,Thursday India Global
Three years after Canada's largest gold heist worth over $20 million, authorities are closing in on key suspect Simran Preet Panesar, a 32-year-old former Air Canada manager now in Chandigarh. On April 17, 2023, 400 kg of pure gold disappeared from Toronto Pearson International Airport after arriving from Zurich. Panesar allegedly tracked the flight and accessed the storage facility before fleeing to India. India's Enforcement Directorate raided his Mohali house in February 2025, discovering he allegedly transferred ₹8.5 crore via hawala transactions, routing money through music industry channels for his wife's film production. Canada formally requested extradition. Nine individuals face charges; seven arrested, including recent suspect Arsalan Chaudhary at Toronto airport. (PC: Peel Police)
