That, Bacolod City Police Special Operations Task Group head, Supt. Santiago Rapiz said yesterday, was the actual value of the jewelry stolen by the members of the "Acetylene Gang" as claimed by the management of the Prenda Negrense and Jewelry Store at Luzuriaga Street in Bacolod City Monday.
The management had earlier declared that only jewelry worth P2.5 million and P50,000 in cash had been stolen, based on their initial inventory after the robbery was discovered.
However, after a further inventory, they said they found out that the total cost of the items stolen is actually P20 million and not P2.5 million, Rapiz said.
He said they are gathering all the evidences and getting the affidavits of the four witnesses, who are all employees of a Pension house at the city's downtown area, where the suspects stayed from February 13 to February 17.
The Bacolod City police is expected to file robbery charges Monday against the suspects, a 40-year-old private miner from Kalinga Apayao, and a 45-year-old taxi driver from Baguio City.
The two suspects were identified by the witnesses from the pictures of the six "acetylene gang" members, who were arrested several years ago in Negros Occidental for a foiled robbery on another pawnshop, presented to them by the police Monday.
Rapiz said the intelligence monitoring of Police Regional Office-6 showed that they were supposed to rob an establishment in Iloilo in December last year but had shifted to Bacolod, because the police uncovered their plan.
He said, however, that the suspects, who belong to a 20-man group based in La Union province, may no longer be in Bacolod City and Negros Occidental.*APN