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Borgata Jewel Heist: $500,000 in jewelry stolen from Atlantic City Hotel in smash-and-grab, police say

(CBS/AP) ATLANTIC CITY, N.J. - Police are looking for three men they believe stole $500,000 worth of jewelry during a smash-and-grab at a store in the Borgata Hotel in Atlantic City.

Atlantic City Police Sgt. Monica McMenamin says a call was received from Borgata security at about 8:45 p.m. Monday reporting the theft in a jewelry store.

In a statement, police say three men fled the store on foot before taking off in a dark-colored vehicle.

McMenamin says no weapons were used or threatened to be used in the robbery.

The Borgata opened July 2, 2003, as the first new casino in the resort town in 13 years. It has 11 retail shops, 2,000 guest rooms and suites, nearly 200 gambling tables and more than 3,400 slot machines.

The jewelry heist happened amid the casino's 10th anniversary celebration.