Former Air Canada employee accused of orchestrating massive robbery

Diplomatic channels between Ottawa and New Delhi are active again as Canadian law enforcement has formally requested the extradition of a key suspect involved in one of the biggest gold thefts in history. Authorities in Canada have asked their Indian counterparts to locate and hand over Simran Preet Panesar, the alleged mastermind behind the brazen $20 million heist at Toronto Pearson International Airport.

Investigators believe Panesar, a 33-year-old former Air Canada employee from Brampton, utilized his insider knowledge to orchestrate the crime before fleeing to India. He is currently a wanted fugitive facing serious charges, including theft over $5,000 and conspiracy to commit an indictable offence.

This high-profile case, known operationally as "Project 24K," traces back to April 17, 2023. A secure cargo shipment containing 400 kilograms of .9999-pure gold bars and millions in foreign currency had just arrived from Zurich, Switzerland. Within hours of being stored at a holding facility, the shipment - valued at over $20 million - vanished. Police allege a suspect used a five-tonne truck to remove the cargo, facilitated by manipulated airline systems.

Peel Regional Police Chief Nishan Duraiappah has issued a stern message regarding the pursuit of the suspects. He emphasized that crossing borders does not provide immunity, stating clearly that law enforcement will track down those responsible regardless of where they hide.

While ten individuals have already been charged in connection with this complex scheme, the majority of the stolen gold remains missing. Recent breakthroughs include the arrest of another suspect arriving from Dubai earlier in January, but securing Simran Preet Panesar remains a top priority for closing the case.

Indian authorities will now evaluate the extradition request based on existing treaties and domestic legal protocols. If approved, Panesar will be returned to Canada to face trial for his alleged role in diverting the high-value shipment.