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Jewelry heists in Pasay and Davao totaling P1M; police pursue suspects

admin April 14, 2026

POLICE are actively pursuing suspects in two separate jewelry store robberies in Pasay City and Davao City, with the combined value of stolen items and cash reaching up to P1 million. The incidents, occurring on consecutive days, highlight a concerning trend in high-value theft across different regions.

In Pasay City, employees of a pawnshop discovered a large hole within the establishment, leading to the alarming realization that approximately P1 million worth of jewelry and P90,000 in cash were missing. Authorities suspect that the theft likely took place overnight while the pawnshop remained closed on Sunday.

The notorious “Termite Gang,” known for their tunneling methods, may be responsible for the Pasay heist, according to police investigations. The investigation into this incident is ongoing.

On Saturday afternoon, four armed suspects targeted a jewelry shop located inside a mall in Davao City. The perpetrators declared a holdup, making off with valuable items.

Authorities in Davao City are pursuing leads after successfully recovering fingerprints and motorcycles believed to have been used in the getaway. Police are also meticulously reviewing CCTV footage from the mall to identify the suspects and retrace their movements.

The owner of the targeted jewelry shop has not yet issued a statement regarding the incident. The coordinated nature of these high-value thefts across different cities underscores the need for heightened security measures and intensified police operations to apprehend the perpetrators and prevent further crimes.

Tags: JEWELRY HEISTS

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Source: USD/PHP @ Fri, 8 May.

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