Some of gold stolen during Pearson Airport heist was melted down at GTA jewelry store: police [Video]

At least some of the gold bars stolen during the heist at Pearson Airport one year ago was likely melted down in the basement of a Toronto area jewelry store, Peel police tell CP24.com.

Last week, investigators held a news conference on the one-year anniversary of the heist, announcing that five suspects has been arrested and four others are facing charges in connection with the largest gold theft in Canadian history.

Police said the suspects face a total of 19 charges and Canada-wide warrants have been issued for the arrest of three of the suspects who have not yet been apprehended.

One former and one current Air Canada employee are among the suspects, as well as a Toronto jewelry store owner, police said.

During last week’s news conference, police shared images of smelting equipment that was seized during the investigation.

In a statement to CP24.com on Monday, police said that …