Hong Kong police have launched an intensified manhunt for three remaining suspects believed to be linked to a major gold theft valued at approximately US$12 million, as investigators continue to unravel one of the city’s most significant recent robbery cases.

The incident centres on a break-in at a gold and jewellery processing workshop in the Hung Hom district, where a group of assailants stormed the premises in the early hours, making off with an estimated 65 kilograms of gold in various forms, including bars, bricks and powder.

The operation was carried out with speed and coordination, with workers at the facility reportedly forced out before the suspects fled the scene.

Authorities have already arrested more than a dozen individuals in connection with the case, reflecting a rapid and coordinated response by law enforcement.

Investigators believe the theft involved a wider network, with some suspects allegedly linked to the facility or its operations, raising the possibility of insider knowledge playing a role in the planning of the crime.

Despite the scale of the heist, police have recovered the stolen gold, marking a significant breakthrough in the investigation and limiting financial losses.

However, officials stress that the pursuit of remaining suspects remains a priority, with efforts focused on identifying the alleged masterminds and any accomplices still at large.

The case has drawn attention to security arrangements in industrial buildings and the vulnerability of high-value commodities such as gold, particularly as global prices remain elevated and demand continues to grow.

Authorities are reviewing surveillance footage and financial records while coordinating across multiple districts to track the outstanding suspects.

The ongoing investigation underscores Hong Kong’s capacity to respond swiftly to complex criminal operations while maintaining pressure on those responsible.

Police have indicated that further arrests are possible as inquiries continue and additional evidence emerges.