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$1.2M in gold and silver recovered, 4 youth arrested

York Regional Police investigators believe the suspects are linked to a series of armed robberies at pharmacies, currency conversion businesses, precious metal stores
Gun seized by the York Regional Police.

York Regional Police investigators recovered more than $1.2 million in gold and silver, a loaded handgun and a stolen vehicle, and arrested four youth following the a robbery at a precious metals store in Toronto. 

Three masked suspects entered a store on Bloor Street and committed a robbery with a firearm Dec. 10, 2022 at about 2:15 p.m., police said. The suspects fled with a quantity of gold and silver to a nearby vehicle, in which a fourth suspect was waiting.

Members of the York hold-up unit were in the area as part of an ongoing investigation into the same suspects. The officers contained the vehicle, which was determined to be stolen, and after a brief foot pursuit, they arrested the four suspects without incident, police said.

Officers recovered a loaded handgun and $1.2 million worth of gold and silver, police said. 

Four youths from Toronto, two aged 15, and two aged 17, are charged with: robbery with a firearm; disguise with intent; possession of a loaded restricted firearm; possession of property obtained by crime over $5,000; and fail to comply with judicial release order.

Investigators believe the suspects are part of a group that has been involved in a series of armed robberies at pharmacies, currency conversion businesses and precious metal stores since November 2022.

One 17-year-old is also charged in seven unrelated commercial robberies that took place in York, Toronto, Peel and Hamilton, while one 15-year-old is also charged in two of those incidents. In total, 40 charges have been laid in this case to date. 

Anyone with information on the incident is asked to contact the York Regional Police hold-up unit at 1-866-876-5423, ext. 6630, or call Crime Stoppers at 1-800-222-TIPS, or leave an anonymous tip online at