Police arrest two men suspected of robbing a mainland man of 30 kilogrammes of gold through a bait-and-switch move.
Officers have recovered the stolen items, and are hunting, another person who is believed to be the mastermind.
Police display the precious metal taken.
The stolen gold pellets are kept inside these green spherical objects.
There are also several bottles of fabric softener used for the swap, alongside clothing believed to be worn by the culprits and some cash.
Early Wednesday, police receive a report from a mainland man.
He says his suitcase containing 30 kilograms of gold pellets, worth 30 million dollars, was swapped with eight bottles of fabric softener at a Kwun Tong hotel.
After checking security footage, police believe the a friend of the victim's is the mastermind who arranged the meeting.
Two men purchased fabric softener of similar weight in advance and booked an adjacent hotel room.
Taking advantage of the break when the victim went downstairs to smoke, the alleged thieves opened the door and swapped the gold.
Police tracked down the culprits and arrested a suspect in Tai Po.
Officers recovered all the stolen gold in a guesthouse room in the district and transported the loot back to the police station.
Another man was arrested at the Lo Wu Control Point as he prepared to leave the city.
The two suspects, aged 27 and 41, both hold two-way permits.
Kwun Tong Police District Chief Inspector Tang Tsz-hin says the operation posed challenges, as the suspects changed transportation multiple times to confuse investigators.
Police continues to hunt the alleged mastermind, who is believed to have left the city.
