Society

Yakuza Boss Not Indicted Over Theft of 172 Rolexes

OSAKA, May 23 (News On Japan) - A gang leader arrested in connection with the theft of 172 Rolex watches valued at approximately 280 million yen has been released without indictment, Osaka prosecutors announced.

The individual, a 50-year-old executive of the Yamaguchi-gumi, a designated organized crime group, had been taken into custody by Osaka prefectural police over a major robbery that occurred in May last year in Osaka’s Chuo Ward. The incident involved the theft of luxury Rolex timepieces from a delivery vehicle. Investigators had suspected the gang figure of orchestrating the crime, but did not disclose whether he admitted to the allegations.

The Osaka District Public Prosecutors Office stated that the decision not to indict was based on a review of the evidence. According to sources close to the investigation, the case was dropped on grounds of "insufficient suspicion."

Source: YOMIURI

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